Bitcoin Technical Analysis : BTC/USD 14 November 2022

Bitcoin Technical Analysis : BTCUSD

Date : 14 November 2022

Pivot point : 16380

Our preference : the downside prevails as long as 16380 is resistance.

Alternative scenario : above 16380, look for 16630 and 16780.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 16331 and 16528).

Supports and resistances :

16780 **
16630 *
16380
16161 – Last price
15830
15690 *
15540 **

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

Source : Trading Central

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