Bitcoin Technical Analysis : BTC/USD 14 December 2022

Bitcoin Technical Analysis : BTCUSD

Date : 14 December 2022

Pivot point : 17610

Our preference : as long as 17610 is support look for 18200.

Alternative scenario : the downside breakout of 17610 would call for 17390 and 17260.

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 17752 and 17548).

Supports and resistances :

18340 **
18200 *
18070
17805 – Last price
17610
17390 *
17260 **

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

Source : Trading Central

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