Bitcoin Technical Analysis : BTC/USD 18 October 2021

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

Bitcoin Technical Analysis : BTC/USD 18 October 2021

Bitcoin Technical Analysis : BTCUSD

Date : 18 October 2021

Pivot point : 60908

Our preference : the upside prevails as long as 60908 is support.

Alternative scenario : below 60908, expect 59057 and 57956.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61444 and 61106).

Supports and resistances :

66779 **
65678 *
64576
58006 – Last price
60908
59057 *
57956 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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