Bitcoin Technical Analysis : BTC/USD 24 April 2020

Bitcoin Technical Analysis : BTCUSD

Date : 24 April 2020

Pivot point : 7267

Our preference : as long as 7267 is support look for 8110.

Alternative scenario : below 7267, expect 6953 and 6766.

Comment : the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is below its 20 MA (7530) but above its 50 MA (7374).

Supports and resistances :

8298 **
8110 *
7922
7519 – Last price
7267
6953 *
6766 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.