Bitcoin Technical Analysis : BTC/USD 9 November 2021

Bitcoin Technical Analysis : BTCUSD

Date : 9 November 2021

Pivot point : 66165

Our preference : as long as 66165 is support look for 71814.

Alternative scenario : the downside breakout of 66165 would call for 64154 and 62958.

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67437 and 66521).

Supports and resistances :

73019 **
71814 *
70609
67744 – Last price
66165
64154 *
62958 **

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

Source : Trading Central

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