Market News:
Clock Icon
point logo

TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

BTCUSD 23.09.2022

Technical Analysis
Friday, September 23, 2022 - 03:31
Point Trader Group
BTCUSD 23.09.2022

Summary:

Bearish

Expected scenario:

The pair is trading below a strong resistance level around 20000, which enhances the chances of a drop to 17000 - 16000 (the drop is confirmed by a break of 18000 below).

Alternative scenario:

Breaking the level of 20000 upwards, may push the pair up to 22000

resistance levels

21000 - 22000

Support levels

18000 - 17500

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

Related Topics

Latest Education Articles

Withdrawals from Forex Brokers: When Should You Worry — and When Can You Feel Safe?
Wednesday, December 17, 2025 - 20:52
How to Choose the Best Forex Broker
Friday, December 05, 2025 - 10:09
What to Do After a Losing Streak?
Friday, November 21, 2025 - 02:59
Herd Mentality in the Forex Market: How Consensus Can Mislead You
Thursday, August 21, 2025 - 01:20

REQUEST A CALL BACK

Get financial advice from Point Trader Group experts.

YOU CAN TRUST POINT TRADER GROUP

For free expert financial advice.

CONTACT US
Open your Real Account now

Start making money from your home!

OPEN REAL ACCOUNT
Try the Demo Account now

Get your free demo trading account!

TRY DEMO ACCOUNT