Technical Analysis (Bitcoin) : BTC/USD 23 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 23 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 23 August 2019

Our pivot point stands at : 10035

Our preference : as long as 10035 is support look for 10421.

Alternative scenario : below 10035, expect 9897 and 9814.

Supports and resistances :

10586 **
10503 *
10421 **
10338
10163 – Last
10089
10035 **
9897 *
9814 **

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 10140 and 10075).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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