Bitcoin Technical Analysis : BTC/USD 20 September 2022

Bitcoin Technical Analysis : BTCUSD

Date : 20 September 2022

Pivot point : 19060

Our preference : as long as 19060 is support look for 20080.

Alternative scenario : the downside breakout of 19060 would call for 18660 and 18430.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (19454) but above its 50 period moving average (19049).

Supports and resistances :

20310 **
20080 *
19840
19369 – Last price
19060
18660 *
18430 **

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

Source : Trading Central

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