Bitcoin Technical Analysis : BTC/USD 30 April 2020

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

Bitcoin Technical Analysis : BTC/USD 30 April 2020

Bitcoin Technical Analysis : BTCUSD

Date : 30 April 2020

Pivot point : 8864

Our preference : the upside prevails as long as 8864 is support.

Alternative scenario : below 8864, expect 8481 and 8253.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 8905 and 8500).

Supports and resistances :

10098 **
9869 *
9640
9183 – Last price
8864
8481 *
8253 **

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

Source : Trading Central

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