Bitcoin Technical Analysis : BTC/USD 28 April 2020

28 April 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 28 April 2020

Bitcoin Technical Analysis : BTCUSD

Date : 28 April 2020

Pivot point : 5925

Our preference : the upside prevails as long as 5925 is support.

Alternative scenario : below 5925, expect 3701 and 2378.

Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 7171 and 6685).

Supports and resistances :

13174 **
11829 *
10484
7693 – Last price
5925
3701 *
2378 **

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

Source : Trading Central

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