Bitcoin Technical Analysis : BTC/USD 21 January 2021

Bitcoin Technical Analysis : BTCUSD

Date : 21 January 2021

Pivot point : 35480

Our preference : the downside prevails as long as 35480 is resistance.

Alternative scenario : above 35480, look for 36442 and 37015.

Comment : the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 34845 and 34919).

Supports and resistances :

37015 **
36442 *
35480
34698 – Last price
33373
32804 *
32235 **

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

Source : Trading Central

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