Bitcoin Technical Analysis : BTC/USD 27 September 2021

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

Bitcoin Technical Analysis : BTC/USD 27 September 2021

Bitcoin Technical Analysis : BTCUSD

Date : 27 September 2021

Pivot point : 42998

Our preference : the upside prevails as long as 42998 is support.

Alternative scenario : the downside breakout of 42998 would call for 41692 and 40914.

Comment : the RSI is above 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 43697 and 43157).

Supports and resistances :

47135 **
46358 *
45580
44025 – Last price
42998
41692 *
40914 **

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

Source : Trading Central

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