Bitcoin Technical Analysis : BTC/USD 14 December 2020

14 December 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 14 December 2020

Bitcoin Technical Analysis : BTCUSD

Date : 14 December 2020

Pivot point : 19454

Our preference : the downside prevails as long as 19454 is resistance.

Alternative scenario : above 19454, look for 19841 and 20071.

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 19140 and 19189).

Supports and resistances :

19841 **
19454 *
19302
19128 – Last price
18621
18392 *
18163 **

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

Source : Trading Central

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