Bitcoin Technical Analysis : BTC/USD 6 April 2021

6 April 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 6 April 2021

Bitcoin Technical Analysis : BTCUSD

Date : 6 April 2021

Pivot point : 57444

Our preference : as long as 57444 is support look for 61828.

Alternative scenario : below 57444, expect 55762 and 54760.

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading under its 20 period moving average (58877) but above its 50 period moving average (58349).

Supports and resistances :

62831 **
61828 *
60826
58821 – Last price
57444
55762 *
54760 **

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

Source : Trading Central

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