14 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 14 April 2020
Pivot point : 6657
Our preference : the upside prevails as long as 6657 is support.
Alternative scenario : the downside breakout of 6657 would call for 6369 and 6198.
Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 6865 and 6786).
Supports and resistances :
6909 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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