Bitcoin Technical Analysis : BTC/USD 17 July 2020

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

Bitcoin Technical Analysis : BTC/USD 17 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 17 July 2020

Pivot point : 9230

Our preference : the downside prevails as long as 9230 is resistance.

Alternative scenario : above 9230, look for 9379 and 9468.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9118 and 9115).

Supports and resistances :

9468 **
9379 *
9230
9112 – Last price
8930
8841 *
8753 **

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

Source : Trading Central

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