Bitcoin Technical Analysis : BTC/USD 21 October 2022

Bitcoin Technical Analysis : BTCUSD

Date : 21 October 2022

Pivot point : 18790

Our preference : rebound towards 19700.

Alternative scenario : below 18790, expect 18440 and 18230.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (19058) but below its 50 period moving average (19120).

Supports and resistances :

19900 **
19700 *
19490
19067 – Last price
18790
18440 *
18230 **

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

Source : Trading Central

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