17 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 17 April 2020
Pivot point : 6812
Our preference : as long as 6812 is support look for 7601.
Alternative scenario : below 6812, expect 6518 and 6342.
Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 MA (7087) but above its 50 MA (7008).
Supports and resistances :
7777 **
7601 *
7425
7071 – Last price
6812
6518 *
6342 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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