Bitcoin Technical Analysis : BTC/USD 15 February 2022

15 February 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 15 February 2022

Bitcoin Technical Analysis : BTCUSD

Date : 15 February 2022

Pivot point : 42410

Our preference : the upside prevails as long as 42410 is support.

Alternative scenario : the downside breakout of 42410 would call for 41120 and 40350.

Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 42899 and 42543).

Supports and resistances :

46660 **
45890 *
45120
43565 – Last price
42410
41120 *
40350 **

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

Source : Trading Central

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