Bitcoin Technical Analysis : BTC/USD 30 June 2020

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

Bitcoin Technical Analysis : BTC/USD 30 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 30 June 2020

Pivot point : 10261

Our preference : the downside prevails as long as 10261 is resistance.

Alternative scenario : above 10261, look for 11613 and 12418.

Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9335 and 9418).

Supports and resistances :

12418 **
11613 *
10261
9156 – Last price
7549
6749 *
5948 **

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

Source : Trading Central

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