Bitcoin Technical Analysis : BTC/USD 21 March 2023

Bitcoin Technical Analysis : BTCUSD

Date : 21 March 2023

Pivot point : 28320

Our preference : the downside prevails as long as 28320 is resistance.

Alternative scenario : above 28320, look for 28880 and 29210.

Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 27911 and 27924).

Supports and resistances :

29210 **
28880 *
28320
27875 – Last price
27150
26820 *
26490 **

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

Source : Trading Central

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