Bitcoin Technical Analysis : BTC/USD 30 July 2020

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

Bitcoin Technical Analysis : BTC/USD 30 July 2020

Bitcoin Technical Analysis : BTCUSD

Date : 30 July 2020

Pivot point : 11183

Our preference : the downside prevails as long as 11183 is resistance.

Alternative scenario : above 11183, look for 11369 and 11479.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 11126 and 11111).

Supports and resistances :

11479 **
11369 *
11183
11017 – Last price
10793
10683 *
10574 **

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

Source : Trading Central

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