Technical Analysis (Bitcoin) : BTC/USD 10 January 2020

10 January 2020 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)BTC/USD (Bitcoin)Cryptocurrency

Technical Analysis (Bitcoin) : BTC/USD 10 January 2020

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 10 January 2020

Our pivot point stands at : 7853

Our preference : the downside prevails as long as 7853 is resistance.

Alternative scenario : above 7853, look for 7959 and 8022.

Supports and resistances :

8022 **
7959 *
7853 **
7811
7768 – Last
7640
7577 **
7514 *
7451 **

Comment : the RSI is below its neutrality area at 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 7811 and 7856).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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



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