Bitcoin Technical Analysis : BTC/USD 13 May 2022

Bitcoin Technical Analysis : BTCUSD

Date : 13 May 2022

Pivot point : 29640

Our preference : the upside prevails as long as 29640 is support.

Alternative scenario : below 29640, expect 28740 and 28210.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 29244 and 28559).

Supports and resistances :

32640 **
32100 *
31560
30350 – Last price
29640
28740 *
28210 **

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

Source : Trading Central

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