Bitcoin Technical Analysis : BTC/USD 15 July 2020

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

Bitcoin Technical Analysis : BTC/USD 15 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 15 July 2020

Pivot point : 9359

Our preference : target 8968.

Alternative scenario : above 9359, look for 9510 and 9600.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is below its 20 MA (9250) but above its 50 MA (9225).

Supports and resistances :

9600 **
9510 *
9359
9239 – Last price
9058
8968 *
8878 **

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

Source : Trading Central

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