Bitcoin Technical Analysis : BTC/USD 24 September 2021

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

Bitcoin Technical Analysis : BTC/USD 24 September 2021

Bitcoin Technical Analysis : BTCUSD

Date : 24 September 2021

Pivot point : 45312

Our preference : under pressure below 45312.

Alternative scenario : the upside breakout of 45312, would call for 46626 and 47409.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 44595 and 44273).

Supports and resistances :

47409 **
46626 *
45312
44255 – Last price
42691
41909 *
41128 **

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

Source : Trading Central

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