Technical Analysis (Bitcoin) : BTC/USD 7 November 2019

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

Technical Analysis (Bitcoin) : BTC/USD 7 November 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 7 November 2019

Our pivot point stands at : 9395

Our preference : the downside prevails as long as 9395 is resistance.

Alternative scenario : above 9395, look for 9521 and 9597.

Supports and resistances :

9597 **
9521 *
9395 **
9345
9285 – Last
9134
9059 **
8983 *
8908 **

Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9316 and 9336).

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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