Bitcoin Technical Analysis : BTC/USD 23 September 2022
23 September 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 23 September 2022
Pivot point : 19040
Our preference : as long as 19040 is support look for 20300.
Alternative scenario : the downside breakout of 19040 would call for 18550 and 18270.
Comment : the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 19330 and 19133).
Supports and resistances :
20590 **
20300 *
20020
19440 – Last price
19040
18550 *
18270 **
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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