Technical Analysis (Bitcoin) : BTC/USD 26 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 26 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 26 August 2019

Our pivot point stands at : 11445

Our preference : the downside prevails as long as 11445 is resistance.

Alternative scenario : above 11445, look for 12450 and 13048.

Supports and resistances :

13048 **
12450 *
11445 **
11050
10376 – Last
8800
8243 **
7687 *
7130 **

Comment : the RSI is below its neutrality area at 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 10739 and 10716).

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