Bitcoin Technical Analysis : BTC/USD 29 September 2021

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

Bitcoin Technical Analysis : BTC/USD 29 September 2021

Bitcoin Technical Analysis : BTCUSD

Date : 29 September 2021

Pivot point : 41255

Our preference : the upside prevails as long as 41255 is support.

Alternative scenario : the downside breakout of 41255 would call for 40002 and 39255.

Comment : the RSI is above 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 41769 and 41824).

Supports and resistances :

45225 **
44478 *
43732
42240 – Last price
41255
40002 *
39255 **

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

Source : Trading Central

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