3 October 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 3 October 2022
Pivot point : 18890
Our preference : rebound.
Alternative scenario : the downside breakout of 18890 would call for 18490 and 18260.
Comment : the RSI is above its neutrality area at 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 is trading above its 20 period moving average (19177) but under its 50 period moving average (19215).
Supports and resistances :
19206 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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