Bitcoin Technical Analysis : BTC/USD 9 June 2020
9 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 9 June 2020
Pivot point : 9871
Our preference : the downside prevails as long as 9871 is resistance.
Alternative scenario : above 9871, look for 10106 and 10247.
Comment : the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9703 and 9713).
Supports and resistances :
10247 **
10106 *
9871
9685 – Last price
9404
9264 *
9124 **
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.
