Bitcoin Technical Analysis : BTC/USD 13 July 2020

13 July 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 13 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 13 July 2020

Pivot point : 9123

Our preference : as long as 9123 is support look for 9610.

Alternative scenario : the downside breakout of 9123 would call for 8939 and 8829.

Comment : the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 9270 and 9253).

Supports and resistances :

9720 **
9610 *
9501
9280 – Last price
9123
8939 *
8829 **

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

Source : Trading Central

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