Bitcoin Technical Analysis : BTC/USD 3 April 2020

Bitcoin Technical Analysis : BTCUSD

Date : 3 April 2020

Pivot point : 6564

Our preference : as long as 6564 is support look for 7304.

Alternative scenario : below 6564, expect 6280 and 6111.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 6787 and 6756).

Supports and resistances :

7473 **
7304 *
7135
6794 – Last price
6564
6280 *
6111 **

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

Source : Trading Central

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