Bitcoin Technical Analysis : BTC/USD 4 June 2020

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

Bitcoin Technical Analysis : BTC/USD 4 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 4 June 2020

Pivot point : 9451

Our preference : the upside prevails as long as 9451 is support.

Alternative scenario : below 9451, expect 9211 and 9067.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 9625 and 9583).

Supports and resistances :

10229 **
10086 *
9942
9651 – Last price
9451
9211 *
9067 **

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

Source : Trading Central

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