Bitcoin Cash Intraday: eye 530.8
Bitcoin Cash (BCH/USD)
-0.87-0.16%
eye 530.8.
Our pivot point stands at 562.2.
Our preference: eye 530.8.
Alternative scenario: the upside breakout of 562.2, would call for 574 and 580.9.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (555.1) but above its 50 period moving average (551.7).
Supports and resistances:
580.9 **
574.0 *
562.2 **
557.6
551.9 last
537.7
530.8 **
523.8 *
516.8 **
Our preference: eye 530.8.
Alternative scenario: the upside breakout of 562.2, would call for 574 and 580.9.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (555.1) but above its 50 period moving average (551.7).
Supports and resistances:
580.9 **
574.0 *
562.2 **
557.6
551.9 last
537.7
530.8 **
523.8 *
516.8 **
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.
