Technical Analysis (Bitcoin) : BTC/USD 2 December 2019

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

Technical Analysis (Bitcoin) : BTC/USD 2 December 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 2 December 2019

Our pivot point stands at : 7245

Our preference : rebound towards 7553.

Alternative scenario : the downside breakout of 7245 would call for 7145 and 7086.

Supports and resistances :

7672 **
7613 *
7553 **
7493
7336 – Last
7284
7245 **
7145 *
7086 **

Comment : the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 7378 and 7539).

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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