Bitcoin Technical Analysis : BTC/USD 15 April 2020
15 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 15 April 2020
Pivot point : 6670
Our preference : the upside prevails as long as 6670 is support.
Alternative scenario : the downside breakout of 6670 would call for 6382 and 6210.
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 pair is trading above both its 20 and 50 MAs (respectively at 6890 and 6888).
Supports and resistances :
7599 **
7427 *
7255
6901 – Last price
6670
6382 *
6210 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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