Bitcoin Technical Analysis : BTC/USD 26 June 2020

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

Bitcoin Technical Analysis : BTC/USD 26 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 26 June 2020

Pivot point : 9426

Our preference : the downside prevails as long as 9426 is resistance.

Alternative scenario : the upside breakout of 9426, would call for 9643 and 9773.

Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9254 and 9238).

Supports and resistances :

9773 **
9643 *
9426
9216 – Last price
8926
8797 *
8669 **

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

Source : Trading Central

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