Bitcoin Technical Analysis : BTC/USD 13 October 2022

Bitcoin Technical Analysis : BTCUSD

Date : 13 October 2022

Pivot point : 19420

Our preference : under pressure below 19420.

Alternative scenario : the upside breakout of 19420, would call for 19810 and 20040.

Comment : the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 19139 and 19123).

Supports and resistances :

20040 **
19810 *
19420
19109 – Last price
18650
18410 *
18180 **

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

Source : Trading Central

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