Bitcoin Technical Analysis : BTC/USD 29 June 2021

29 June 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 29 June 2021

Bitcoin Technical Analysis : BTCUSD

Date : 29 June 2021

Pivot point : 33760

Our preference : the upside prevails as long as 33760 is support.

Alternative scenario : the downside breakout of 33760 would call for 32472 and 31706.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 34574 and 34515).

Supports and resistances :

38086 **
37314 *
36543
34771 – Last price
33760
32472 *
31706 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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