Bitcoin Technical Analysis : BTC/USD 22 March 2021

22 March 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 22 March 2021

Bitcoin Technical Analysis : BTCUSD

Date : 22 March 2021

Pivot point : 56117

Our preference : the upside prevails as long as 56117 is support.

Alternative scenario : below 56117, expect 54227 and 53102.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57380 and 57163).

Supports and resistances :

62343 **
61214 *
60085
57819 – Last price
56117
54227 *
53102 **

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

Source : Trading Central

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