Technical Analysis (Bitcoin) : BTC/USD 13 January 2020

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

Technical Analysis (Bitcoin) : BTC/USD 13 January 2020

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 13 January 2020

Our pivot point stands at : 8196

Our preference : target 7887.

Alternative scenario : above 8196, look for 8306 and 8372.

Supports and resistances :

8372 **
8306 *
8196 **
8152
8090 – Last
7953
7887 **
7822 *
7756 **

Comment : the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is below its 20 MA (8128) but above its 50 MA (8021).

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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