Bitcoin Technical Analysis : BTC/USD 11 November 2021

11 November 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 11 November 2021

Bitcoin Technical Analysis : BTCUSD

Date : 11 November 2021

Pivot point : 63153

Our preference : rebound 68120

Alternative scenario : the downside breakout of 63153, target 61234 and 60092.

Comment : The RSI is below the neutral area at 50, the MACD is negative and above the signal line. The configuration is mixed. The price also stands below the 20 and 50 moving averages (respectively 64744 and 66269).

Supports and resistances :

69263 **
68120 *
66978
64692 – Last price
63153
61234 *
60092 **

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

Source : Trading Central

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