Bitcoin Cash Intraday: as long as 435.4 is support look for 461.6
Bitcoin Cash (BCH/USD)
+4.09+0.96%
as long as 435.4 is support look for 461.6.
Our pivot point stands at 435.4.
Our preference: as long as 435.4 is support look for 461.6.
Alternative scenario: below 435.4, expect 425.1 and 419.1.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 442.9 and 438.9).
Supports and resistances:
473.7 **
467.7 *
461.6 **
455.5
443.4 last
439.4
435.4 **
425.1 *
419.1 **
Our preference: as long as 435.4 is support look for 461.6.
Alternative scenario: below 435.4, expect 425.1 and 419.1.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 442.9 and 438.9).
Supports and resistances:
473.7 **
467.7 *
461.6 **
455.5
443.4 last
439.4
435.4 **
425.1 *
419.1 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
