Technical Analysis (Bitcoin) : BTC/USD 9 January 2020

9 January 2020 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)BTC/USD (Bitcoin)Cryptocurrency

Technical Analysis (Bitcoin) : BTC/USD 9 January 2020

Cryptocurrency Technical Analysis : BTC/USD (Bitcoin)

Identified : 9 January 2020

Our pivot point stands at : 7856

Our preference : rebound towards 8161.

Alternative scenario : below 7856, expect 7748 and 7684.

Supports and resistances :

8290 **
8225 *
8161 **
8096
7943 – Last
7899
7856 **
7748 *
7684 **

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 7990 and 8156).

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.



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