Bitcoin Technical Analysis : BTC/USD 8 June 2020

Bitcoin Technical Analysis : BTCUSD

Date : 8 June 2020

Pivot point : 9542

Our preference : as long as 9542 is support look for 10174.

Alternative scenario : the downside breakout of 9542 would call for 9299 and 9154.

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 pair is below its 20 MA (9744) but above its 50 MA (9639).

Supports and resistances :

10319 **
10174 *
10029
9735 – Last price
9542
9299 *
9154 **

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

Source : Trading Central

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