Bitcoin Technical Analysis : BTC/USD 18 June 2021

18 June 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 18 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 18 June 2021

Pivot point : 36487

Our preference : rebound towards 40167.

Alternative scenario : the downside breakout of 36487 would call for 35135 and 34330.

Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 37807 and 38366).

Supports and resistances :

40976 **
40167 *
39358
37585 – Last price
36487
35135 *
34330 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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