Bitcoin Technical Analysis : BTC/USD 24 June 2020

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

Bitcoin Technical Analysis : BTC/USD 24 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 24 June 2020

Pivot point : 9461

Our preference : the upside prevails as long as 9461 is support.

Alternative scenario : the downside breakout of 9461 would call for 9235 and 9100.

Comment : the RSI is above 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 9637 and 9638).

Supports and resistances :

10194 **
10059 *
9923
9640 – Last price
9461
9235 *
9100 **

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

Source : Trading Central

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