Bitcoin Technical Analysis : BTC/USD 24 November 2022

24 November 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 24 November 2022

Bitcoin Technical Analysis : BTCUSD

Date : 24 November 2022

Pivot point : 16380

Our preference : the upside prevails as long as 16380 is support.

Alternative scenario : below 16380, expect 16020 and 15800.

Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 16602 and 16523).

Supports and resistances :

17520 **
17310 *
17100
16661 – Last price
16380
16020 *
15800 **

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

Source : Trading Central

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