Technical Analysis (Bitcoin) : BTC/USD 10 September 2019

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

Technical Analysis (Bitcoin) : BTC/USD 10 September 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 10 September 2019

Our pivot point stands at : 10423

Our preference : target 10020.

Alternative scenario : above 10423, look for 10563 and 10647.

Supports and resistances :

10647 **
10563 *
10423 **
10368
10313 – Last
10103
10020 **
9937 *
9853 **

Comment : the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is above its 20 and 50 MAs (respectively at 10306 and 10296).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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