Bitcoin Technical Analysis : BTC/USD 2 July 2020

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

Bitcoin Technical Analysis : BTC/USD 2 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 2 July 2020

Pivot point : 9085

Our preference : as long as 9085 is support look for 9596.

Alternative scenario : the downside breakout of 9085 would call for 8889 and 8772.

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is below its 20 MA (9245) but above its 50 MA (9210).

Supports and resistances :

9713 **
9596 *
9479
9242 – Last price
9085
8889 *
8772 **

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

Source : Trading Central

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