Bitcoin Technical Analysis : BTC/USD 15 March 2022

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

Bitcoin Technical Analysis : BTC/USD 15 March 2022

Bitcoin Technical Analysis : BTCUSD

Date : 15 March 2022

Pivot point : 39710

Our preference : the downside prevails as long as 39710 is resistance.

Alternative scenario : above 39710, look for 40860 and 41540.

Comment : the RSI is below 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 39025 and 38920).

Supports and resistances :

41540 **
40860 *
39710
38736 – Last price
37360
36670 *
35990 **

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

Source : Trading Central

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