Technical Analysis (Bitcoin) : BTC/USD 13 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 13 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 13 August 2019

Our pivot point stands at : 11500

Our preference : the downside prevails as long as 11500 is resistance.

Alternative scenario : above 11500, look for 11655 and 11748.

Supports and resistances :

11748 **
11655 *
11500 **
11440
11368 – Last
11182
11090 **
10998 *
10906 **

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 11399 and 11385).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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