Bitcoin Technical Analysis : BTC/USD 18 March 2021

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

Bitcoin Technical Analysis : BTC/USD 18 March 2021

Bitcoin Technical Analysis : BTCUSD

Date : 18 March 2021

Pivot point : 57196

Our preference : as long as 57196 is support look for 62473.

Alternative scenario : below 57196, expect 55270 and 54123.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 58749 and 56939).

Supports and resistances :

63626 **
62473 *
61321
58802 – Last price
57196
55270 *
54123 **

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

Source : Trading Central

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