Bitcoin Technical Analysis : BTC/USD 11 February 2022

11 February 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 11 February 2022

Bitcoin Technical Analysis : BTCUSD

Date : 11 February 2022

Pivot point : 43990

Our preference : the downside prevails as long as 43990 is resistance.

Alternative scenario : the upside breakout of 43990, would call for 45270 and 46030.

Comment : the RSI is below 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 43457 and 44137).

Supports and resistances :

46030 **
45270 *
43990
42970 – Last price
41430
40680 *
39920 **

Warning : This information isn’t a buy-sell signal.

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 100% of our IB commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 100%