Technical Analysis (Bitcoin) : BTC/USD 1 November 2019

1 November 2019 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)BTC/USD (Bitcoin)Cryptocurrency

Technical Analysis (Bitcoin) : BTC/USD 1 November 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 1 November 2019

Our pivot point stands at : 9211

Our preference : the downside prevails as long as 9211 is resistance.

Alternative scenario : the upside breakout of 9211, would call for 9335 and 9409.

Supports and resistances :

9409 **
9335 *
9211 **
9162
9110 – Last
8931
8857 **
8784 *
8710 **

Comment : the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9140 and 9168).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

If you open a live account with a broker that support Trading Central, you’ll get all analytical.

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



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