Bitcoin Technical Analysis : BTC/USD 18 June 2020
18 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 18 June 2020
Pivot point : 9219
Our preference : rebound towards 9813.
Alternative scenario : the downside breakout of 9219 would call for 8992 and 8856.
Comment : the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9404 and 9428).
Supports and resistances :
9948 **
9813 *
9677
9400 – Last price
9219
8992 *
8856 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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