Bitcoin Technical Analysis : BTC/USD 19 January 2021

19 January 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 19 January 2021

Bitcoin Technical Analysis : BTCUSD

Date : 19 January 2021

Pivot point : 35451

Our preference : as long as 35451 is support look for 38523.

Alternative scenario : below 35451, expect 34448 and 33850.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 36514 and 36305).

Supports and resistances :

39128 **
38523 *
37918
36533 – Last price
35451
34448 *
33850 **

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

Source : Trading Central

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