Bitcoin Technical Analysis : BTC/USD 22 September 2020

22 September 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 22 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 22 September 2020

Pivot point : 10283

Our preference : rebound towards 10814.

Alternative scenario : the downside breakout of 10283 would call for 10076 and 9953.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 10465 and 10563).

Supports and resistances :

10937 **
10814 *
10691
10445 – Last price
10283
10076 *
9953 **

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

Source : Trading Central

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