Bitcoin Technical Analysis : BTC/USD 9 April 2021

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

Bitcoin Technical Analysis : BTC/USD 9 April 2021

Bitcoin Technical Analysis : BTCUSD

Date : 9 April 2021

Pivot point : 56892

Our preference : as long as 56892 is support look for 61201.

Alternative scenario : below 56892, expect 55226 and 54234.

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 above its 20 and 50 period moving average (respectively at 57956 and 57530).

Supports and resistances :

62194 **
61201 *
60209
58224 – Last price
56892
55226 *
54234 **

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

Source : Trading Central

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