Bitcoin Technical Analysis : BTC/USD 19 June 2020

19 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 19 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 19 June 2020

Pivot point : 9484

Our preference : the downside prevails as long as 9484 is resistance.

Alternative scenario : the upside breakout of 9484, would call for 9709 and 9843.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9337 and 9383).

Supports and resistances :

9843 **
9709 *
9484
9296 – Last price
9023
8889 *
8755 **

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

Source : Trading Central

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