Bitcoin Technical Analysis : BTC/USD 13 April 2021

13 April 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 13 April 2021

Bitcoin Technical Analysis : BTCUSD

Date : 13 April 2021

Pivot point : 59375

Our preference : the upside prevails as long as 59375 is support.

Alternative scenario : the downside breakout of 59375 would call for 57917 and 57050.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 60249 and 60210).

Supports and resistances :

64033 **
63165 *
62297
60537 – Last price
59375
57917 *
57050 **

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

Source : Trading Central

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