Bitcoin Technical Analysis : BTC/USD 28 September 2022

Bitcoin Technical Analysis : BTCUSD

Date : 28 September 2022

Pivot point : 18470

Our preference : rebound towards 19500.

Alternative scenario : the downside breakout of 18470 would call for 18090 and 17860.

Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 18961 and 19558).

Supports and resistances :

19730 **
19500 *
19270
18808 – Last price
18470
18090 *
17860 **

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

Source : Trading Central

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