17 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 17 June 2020
Pivot point : 9650
Our preference : the downside prevails as long as 9650 is resistance.
Alternative scenario : the upside breakout of 9650, would call for 9879 and 10016.
Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9483 and 9494).
Supports and resistances :
9467 – 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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