Bitcoin Technical Analysis : BTC/USD 30 November 2020

30 November 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 30 November 2020

Bitcoin Technical Analysis : BTCUSD

Date : 30 November 2020

Pivot point : 18292

Our preference : the upside prevails as long as 18292 is support.

Alternative scenario : the downside breakout of 18292 would call for 18001 and 17828.

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 pair is trading above both its 20 and 50 MAs (respectively at 18406 and 18191).

Supports and resistances :

19246 **
19073 *
18900
18553 – Last price
18292
18001 *
17828 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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