Bitcoin Technical Analysis : BTC/USD 3 July 2020

3 July 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 3 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 3 July 2020

Pivot point : 8935

Our preference : rebound towards 9431.

Alternative scenario : below 8935, expect 8743 and 8628.

Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9093 and 9140).

Supports and resistances :

9546 **
9431 *
9317
9087 – Last price
8935
8743 *
8628 **

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

Source : Trading Central

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