Bitcoin Technical Analysis : BTC/USD 30 September 2022

30 September 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 30 September 2022

Bitcoin Technical Analysis : BTCUSD

Date : 30 September 2022

Pivot point : 19110

Our preference : as long as 19110 is support look for 20160.

Alternative scenario : below 19110, expect 18710 and 18470.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (19454) but above its 50 period moving average (19394).

Supports and resistances :

20390 **
20160 *
19920
19439 – Last price
19110
18710 *
18470 **

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

Source : Trading Central

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