Technical Analysis (Bitcoin) : BTC/USD 22 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 22 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 22 August 2019

Our pivot point stands at : 10034

Our preference : the downside prevails as long as 10034 is resistance.

Alternative scenario : above 10034, look for 10170 and 10250.

Supports and resistances :

10250 **
10170 *
10034 **
9981
9879 – Last
9713
9633 **
9553 *
9473 **

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 10033 and 10093).

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