Bitcoin Technical Analysis : BTC/USD 21 July 2020

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

Bitcoin Technical Analysis : BTC/USD 21 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 21 July 2020

Pivot point : 9069

Our preference : the upside prevails as long as 9069 is support.

Alternative scenario : below 9069, expect 8930 and 8847.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 9174 and 9176).

Supports and resistances :

9512 **
9430 *
9347
9181 – Last price
9069
8930 *
8847 **

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

Source : Trading Central

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