Bitcoin Technical Analysis : BTC/USD 6 January 2021

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

Bitcoin Technical Analysis : BTC/USD 6 January 2021

Bitcoin Technical Analysis : BTCUSD

Date : 6 January 2021

Pivot point : 34311

Our preference : The upside prevails as long as 34311 is support.

Alternative scenario : The downside breakout of 34311 would call for 33466 and 32963.

Comment : The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 34318 and 32914).

Supports and resistances :

37386 **
36878 *
36370
35327 – Last price
34643
34311 *
33466 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%