Technical Analysis (Bitcoin) : BTC/USD 4 October 2019

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

Technical Analysis (Bitcoin) : BTC/USD 4 October 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 4 October 2019

Our pivot point stands at : 8219

Our preference : the downside prevails as long as 8219 is resistance.

Alternative scenario : above 8219, look for 8329 and 8395.

Supports and resistances :

8395 **
8329 *
8219 **
8175
8122 – Last
7970
7905 **
7839 *
7773 **

Comment : the RSI is below 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 8163 and 8216).

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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