Bitcoin Technical Analysis : BTC/USD 21 September 2022

21 September 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 21 September 2022

Bitcoin Technical Analysis : BTCUSD

Date : 21 September 2022

Pivot point : 18670

Our preference : rebound towards 19680.

Alternative scenario : the downside breakout of 18670 would call for 18290 and 18060.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (18967) but below its 50 period moving average (19093).

Supports and resistances :

19920 **
19680 *
19450
18981 – Last price
18670
18290 *
18060 **

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

Source : Trading Central

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