Technical Analysis (Bitcoin) : BTC/USD 30 August 2019

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

Technical Analysis (Bitcoin) : BTC/USD 30 August 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 30 August 2019

Our pivot point stands at : 9349

Our preference : rebound towards 9711.

Alternative scenario : below 9349, expect 9221 and 9144.

Supports and resistances :

9865 **
9788 *
9711 **
9634
9468 – Last
9400
9349 **
9221 *
9144 **

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9480 and 9489).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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