Bitcoin Technical Analysis : BTC/USD 16 May 2023

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 16 May 2023

Momentum : Down

First Scenario : short positions below 27235 with targets at 26900, 26762 and 26598

Second Scenario : long positions above 27235 with targets at 27549, 27721 and 27855

Comment : RSI - Bearish.

Supports and resistances :

27855 **
27721 *
27549
27131 - Last price
26900
26762 *
26598 **

Warning : This information is not a buy-sell signal.