Bitcoin Technical Analysis : BTC/USD 9 November 2020

9 November 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 9 November 2020

Bitcoin Technical Analysis : BTCUSD

Date : 9 November 2020

Pivot point : 15273

Our preference : as long as 15273 is support look for 15823.

Alternative scenario : below 15273, expect 15079 and 14964.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 MA (15456) but above its 50 MA (15319).

Supports and resistances :

15938 **
15823 *
15707
15439 – Last price
15273
15079 *
14964 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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