Bitcoin Technical Analysis : BTC/USD 11 June 2020

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

Bitcoin Technical Analysis : BTC/USD 11 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 11 June 2020

Pivot point : 9684

Our preference : as long as 9684 is support look for 10307.

Alternative scenario : below 9684, expect 9444 and 9301.

Comment : the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 MA (9893) but above its 50 MA (9817).

Supports and resistances :

10450 **
10307 *
10164
9878 – Last price
9684
9444 *
9301 **

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

Source : Trading Central

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