Bitcoin Technical Analysis : BTC/USD 26 March 2021

26 March 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 26 March 2021

Bitcoin Technical Analysis : BTCUSD

Date : 26 March 2021

Pivot point : 51275

Our preference : the upside prevails as long as 51275 is support.

Alternative scenario : below 51275, expect 49681 and 48733.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 52133 and 52075).

Supports and resistances :

56717 **
55762 *
54807
52782 – Last price
51275
49681 *
48733 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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