Bitcoin Technical Analysis : BTC/USD 27 May 2020

27 May 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 27 May 2020

Bitcoin Technical Analysis : BTCUSD

Date : 27 May 2020

Pivot point : 8674

Our preference : the upside prevails as long as 8674 is support.

Alternative scenario : below 8674, expect 8447 and 8312.

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 above its 20 and 50 MAs (respectively at 8841 and 8850).

Supports and resistances :

9408 **
9273 *
9138
8867 – Last price
8674
8447 *
8312 **

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

Source : Trading Central

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