Bitcoin Cash Intraday: as long as 539.3 is support look for 571.3

Bitcoin Cash (BCH/USD)
-4.98-0.92%
as long as 539.3 is support look for 571.3.
image
Our pivot point is at 539.3.

Our preference: as long as 539.3 is support look for 571.3.

Alternative scenario: below 539.3, expect 527.3 and 520.3.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 549.5 and 542.7).

Supports and resistances:
585.5 **
578.4 *
571.3 **
564.2
549.9 last
543.9
539.3 **
527.3 *
520.3 **

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.
goTop
quote