Bitcoin Technical Analysis : BTC/USD 27 October 2021

27 October 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 27 October 2021

Bitcoin Technical Analysis : BTCUSD

Date : 27 October 2021

Pivot point : 59733

Our preference : rebound.

Alternative scenario : below 59733, expect 57918 and 56837.

Comment : the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (60996) but below its 50 period moving average (61877).

Supports and resistances :

65607 **
64524 *
63442
61277 – Last price
59733
57918 *
56837 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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