Bitcoin Technical Analysis : BTC/USD 6 April 2020

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

Bitcoin Technical Analysis : BTC/USD 6 April 2020

Bitcoin Technical Analysis : BTCUSD

Date : 6 April 2020

Pivot point : 6699

Our preference : the upside prevails as long as 6699 is support.

Alternative scenario : below 6699, expect 6409 and 6236.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 6830 and 6805).

Supports and resistances :

7679 **
7505 *
7331
6936 – Last price
6699
6409 *
6236 **

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

Source : Trading Central

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