Bitcoin Technical Analysis : BTC/USD 6 September 2022
6 September 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Bitcoin Technical Analysis : BTCUSD
Date : 6 September 2022
Pivot point : 19260
Our preference : rebound towards 20800.
Alternative scenario : the downside breakout of 19260 would call for 18680 and 18330.
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 19754 and 19814).
Supports and resistances :
21150 **
20800 *
20450
19750 – Last price
19260
18680 *
18330 **
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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