Bitcoin Technical Analysis : BTC/USD 26 January 2022

26 January 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 26 January 2022

Bitcoin Technical Analysis : BTCUSD

Date : 26 January 2022

Pivot point : 36840

Our preference : the upside prevails as long as 36840 is support.

Alternative scenario : below 36840, expect 35720 and 35050.

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 trading above both its 20 and 50 period moving average (respectively at 37017 and 36730).

Supports and resistances :

40400 **
39740 *
39070
37717 – Last price
36840
35720 *
35050 **

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

Source : Trading Central

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