Bitcoin Technical Analysis : BTC/USD 23 November 2021

23 November 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 23 November 2021

Bitcoin Technical Analysis : BTCUSD

Date : 23 November 2021

Pivot point : 57650

Our preference : the downside prevails as long as 57650 is resistance.

Alternative scenario : above 57650, look for 59320 and 60320.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 56618 and 57078).

Supports and resistances :

60320 **
59320 *
57650
56269 – Last price
54230
53240 *
52250 **

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

Source : Trading Central

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