Technical Analysis (Bitcoin) : BTC/USD 8 October 2019

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

Technical Analysis (Bitcoin) : BTC/USD 8 October 2019

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 8 October 2019

Our pivot point stands at : 8163

Our preference : as long as 8163 is support look for 8468.

Alternative scenario : below 8163, expect 8050 and 7983.

Supports and resistances :

8602 **
8535 *
8468 **
8401
8258 – Last
8207
8163 **
8050 *
7983 **

Comment : the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 8250 and 8122).

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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