Bitcoin Technical Analysis : BTC/USD 12 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 12 June 2020

Pivot point : 9782

Our preference : rebound towards 9782.

Alternative scenario : the downside breakout of 9159 would call for 8931 and 8796.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading above its 20 MA (9315) but under its 50 MA (9543).

Supports and resistances :

9918 **
9782 *
9646
9372 – Last price
9159
8931 *
8796 **

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

Source : Trading Central

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