Technical Analysis (Bitcoin) : BTC/USD 28 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 28 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 28 August 2019

Our pivot point stands at : 10206

Our preference : the downside prevails as long as 10206 is resistance.

Alternative scenario : above 10206, look for 10343 and 10425.

Supports and resistances :

10425 **
10343 *
10206 **
10152
10082 – Last
9915
9833 **
9751 *
9670 **

Comment : the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 10132 and 10147).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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