Bitcoin Technical Analysis : BTC/USD 28 January 2022

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

Bitcoin Technical Analysis : BTC/USD 28 January 2022

Bitcoin Technical Analysis : BTCUSD

Date : 28 January 2022

Pivot point : 36400

Our preference : the upside prevails as long as 36400 is support.

Alternative scenario : below 36400, expect 35300 and 34640.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 36813 and 36589).

Supports and resistances :

39920 **
39260 *
38600
37273 – Last price
36400
35300 *
34640 **

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

Source : Trading Central

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