Bitcoin Technical Analysis : BTC/USD 23 November 2020

23 November 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 23 November 2020

Bitcoin Technical Analysis : BTCUSD

Date : 23 November 2020

Pivot point : 18166

Our preference : the upside prevails as long as 18166 is support.

Alternative scenario : below 18166, expect 17868 and 17690.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 18421 and 18375).

Supports and resistances :

19171 **
18993 *
18815
18425 – Last price
18166
17868 *
17690 **

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

Source : Trading Central

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