Bitcoin Cash Intraday: rise to 454.7
Bitcoin Cash (BCH/USD)
-1.60-0.38%
rise to 454.7.
Our pivot point stands at 425.1.
Our preference: rise to 454.7.
Alternative scenario: below 425.1, expect 415.2 and 409.2.
Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is below its 20 period moving average (433.3) but above its 50 period moving average (430.6).
Supports and resistances:
466.6 **
460.7 *
454.7 **
448.7
433.0 last
429.0
425.1 **
415.2 *
409.2 **
Our preference: rise to 454.7.
Alternative scenario: below 425.1, expect 415.2 and 409.2.
Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is below its 20 period moving average (433.3) but above its 50 period moving average (430.6).
Supports and resistances:
466.6 **
460.7 *
454.7 **
448.7
433.0 last
429.0
425.1 **
415.2 *
409.2 **
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