Technical Analysis (Bitcoin) : BTC/USD 21 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 21 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 21 August 2019

Our pivot point stands at : 11645

Our preference : under pressure below 11645.

Alternative scenario : the upside breakout of 11645, would call for 12667 and 13276.

Supports and resistances :

13276 **
12667 *
11645 **
11243
10262 – Last
9076
8503 **
7929 *
7355 **

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 trading under both its 20 and 50 MAs (respectively at 10659 and 10620).

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.



Auto Rebate Forex

Auto-Rebate (Daily / Weekly)

All Likerebateforex members get the rebate rate 90% of our commission. (No Fees - No Conditions - No Deals Restrictions)

Forex Brokers

5 Popular Forex Brokers