Bitcoin Technical Analysis : BTC/USD 24 November 2021

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

Bitcoin Technical Analysis : BTC/USD 24 November 2021

Bitcoin Technical Analysis : BTCUSD

Date : 24 November 2021

Pivot point : 57940

Our preference : the downside prevails as long as 57940 is resistance.

Alternative scenario : above 57940, look for 59620 and 60620.

Comment : the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 57089 and 56934).

Supports and resistances :

60620 **
59620 *
57940
56620 – Last price
54580
53580 *
52580 **

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

Source : Trading Central

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