Bitcoin Technical Analysis : BTC/USD 15 March 2021

15 March 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 15 March 2021

Bitcoin Technical Analysis : BTCUSD

Date : 15 March 2021

Pivot point : 60929

Our preference : the downside prevails as long as 60929 is resistance.

Alternative scenario : above 60929, look for 62969 and 64183.

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 59915 and 60126).

Supports and resistances :

64183 **
62969 *
60929
59300 – Last price
56592
55384 *
54176 **

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

Source : Trading Central

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