Technical Analysis (Bitcoin) : BTC/USD 15 November 2019

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

Technical Analysis (Bitcoin) : BTC/USD 15 November 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 15 November 2019

Our pivot point stands at : 8680

Our preference : the downside prevails as long as 8680 is resistance.

Alternative scenario : the upside breakout of 8680, would call for 8797 and 8866.

Supports and resistances :

8866 **
8797 *
8680 **
8634
8572 – Last
8404
8335 **
8266 *
8197 **

Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 8591 and 8614).

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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