Bitcoin Technical Analysis : BTC/USD 22 November 2022
22 November 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 22 November 2022
Pivot point : 15530
Our preference : rebound towards 16430.
Alternative scenario : below 15530, expect 15190 and 14990.
Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (15791) but under its 50 period moving average (15960).
Supports and resistances :
16640 **
16430 *
16230
15800 – Last price
15530
15190 *
14990 **
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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