Bitcoin Technical Analysis : BTC/USD 10 June 2020

10 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 10 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 10 June 2020

Pivot point : 9559

Our preference : as long as 9559 is support look for 10199.

Alternative scenario : the downside breakout of 9559 would call for 9321 and 9180.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 9774 and 9729).

Supports and resistances :

10340 **
10199 *
10057
9774 – Last price
9559
9321 *
9180 **

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

Source : Trading Central

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