Bitcoin Technical Analysis : BTC/USD 31 March 2020

Bitcoin Technical Analysis : BTCUSD

Date : 31 March 2020

Pivot point : 6178

Our preference : as long as 6178 is support look for 6906.

Alternative scenario : the downside breakout of 6178 would call for 5911 and 5752.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is below its 20 MA (6469) but above its 50 MA (6371).

Supports and resistances :

7066 **
6906 *
6746
6426 – Last price
6178
5911 *
5752 **

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

Source : Trading Central

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