Bitcoin Technical Analysis : BTC/USD 11 December 2020

Bitcoin Technical Analysis : BTCUSD

Date : 11 December 2020

Pivot point : 18215

Our preference : the downside prevails as long as 18215 is resistance.

Alternative scenario : above 18215, look for 18577 and 18793.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 18032 and 18160).

Supports and resistances :

18577 **
18215 *
18073
17860 – Last price
17430
17215 *
17001 **

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

Source : Trading Central

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