Bitcoin Technical Analysis : BTC/USD 9 November 2022

9 November 2022 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 9 November 2022

Bitcoin Technical Analysis : BTCUSD

Date : 9 November 2022

Pivot point : 17880

Our preference : rebound towards 18650.

Alternative scenario : below 17880, expect 17610 and 17440.

Comment : the RSI is below 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 18415 and 19234).

Supports and resistances :

18820 **
18650 *
18490
18149 – Last price
17880
17610 *
17440 **

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

Source : Trading Central

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