Technical Analysis (Bitcoin) : BTC/USD 5 November 2019

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

Technical Analysis (Bitcoin) : BTC/USD 5 November 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 5 November 2019

Our pivot point stands at : 9287

Our preference : as long as 9287 is support look for 9634.

Alternative scenario : the downside breakout of 9287 would call for 9159 and 9083.

Supports and resistances :

9786 **
9710 *
9634 **
9558
9395 – Last
9337
9287 **
9159 *
9083 **

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is below its 20 MA (9414) but above its 50 MA (9305).

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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