Bitcoin Technical Analysis : BTC/USD 11 June 2021

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

Bitcoin Technical Analysis : BTC/USD 11 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 11 June 2021

Pivot point : 36072

Our preference : our next up target stands at 39280.

Alternative scenario : below 36072, expect 34827 and 34085.

Comment : the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 36602 and 36881).

Supports and resistances :

40021 **
39280 *
38539
37056 – Last price
36072
34827 *
34085 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 100% of our IB commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 100%