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

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

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

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 2 September 2019

Our pivot point stands at : 9663

Our preference : as long as 9663 is support look for 10027.

Alternative scenario : the downside breakout of 9663 would call for 9530 and 9451.

Supports and resistances :

10186 **
10106 *
10027 **
9948
9785 – Last
9715
9663 **
9530 *
9451 **

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 9731 and 9628).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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