Bitcoin Technical Analysis : BTC/USD 22 September 2022

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

Bitcoin Technical Analysis : BTC/USD 22 September 2022

Bitcoin Technical Analysis : BTCUSD

Date : 22 September 2022

Pivot point : 18350

Our preference : rebound towards 19670.

Alternative scenario : below 18350, expect 17880 and 17610.

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 (18580) but below its 50 period moving average (18913).

Supports and resistances :

19950 **
19670 *
19400
18714 – Last price
18350
17880 *
17610 **

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

Source : Trading Central

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