27 March 2023 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 27 March 2023
Pivot point : 28310
Our preference : target 26840.
Alternative scenario : the upside breakout of 28310, would call for 28870 and 29200.
Comment : the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (27894) but above its 50 period moving average (27780).
Supports and resistances :
27864 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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