Technical Analysis (Bitcoin) : BTC/USD 29 November 2019

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

Technical Analysis (Bitcoin) : BTC/USD 29 November 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 29 November 2019

Our pivot point stands at : 7565

Our preference : the downside prevails as long as 7565 is resistance.

Alternative scenario : the upside breakout of 7565, would call for 7667 and 7727.

Supports and resistances :

7727 **
7667 *
7565 **
7525
7471 – Last
7349
7289 **
7228 *
7168 **

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 stands below its 20 and 50 MAs (respectively at 7487 and 7512).

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.

Note : This information isn’t a buy-sell signal. Please use this information for your trade guideline.



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