Bitcoin Technical Analysis : BTC/USD 3 June 2020

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

Bitcoin Technical Analysis : BTC/USD 3 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 3 June 2020

Pivot point : 9307

Our preference : rebound towards 9925.

Alternative scenario : below 9307, expect 9070 and 8929.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9506 and 9748).

Supports and resistances :

10066 **
9925 *
9784
9495 – Last price
9307
9070 *
8929 **

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

Source : Trading Central

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