Bitcoin Technical Analysis : BTC/USD 10 June 2021

10 June 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 10 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 10 June 2021

Pivot point : 35742

Our preference : as long as 35742 is support look for 39003.

Alternative scenario : the downside breakout of 35742 would call for 34509 and 33774.

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 price is trading under its 20 period moving average (36906) but above its 50 period moving average (35732).

Supports and resistances :

39739 **
39003 *
38267
36712 – Last price
35742
34509 *
33774 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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