Bitcoin Cash Intraday: rebound towards 610.7
Bitcoin Cash (BCH/USD)
-0.60-0.10%
rebound towards 610.7.
Our pivot point stands at 572.9.
Our preference: rebound towards 610.7.
Alternative scenario: the downside breakout of 572.9 would call for 559.3 and 551.3.
Comment: the RSI is below its neutrality area at 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 584.6 and 587.3).
Supports and resistances:
626.9 **
618.8 *
610.7 **
602.6
583.9 last
578.2
572.9 **
559.3 *
551.3 **
Our preference: rebound towards 610.7.
Alternative scenario: the downside breakout of 572.9 would call for 559.3 and 551.3.
Comment: the RSI is below its neutrality area at 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 584.6 and 587.3).
Supports and resistances:
626.9 **
618.8 *
610.7 **
602.6
583.9 last
578.2
572.9 **
559.3 *
551.3 **
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