Bitcoin Cash Intraday: as long as 575.9 is support look for 622.1
Bitcoin Cash (BCH/USD)
+9.96+1.69%
as long as 575.9 is support look for 622.1.
575.9 is our pivot point.
Our preference: as long as 575.9 is support look for 622.1.
Alternative scenario: below 575.9, expect 559.6 and 549.9.
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 trading above both its 20 and 50 period moving average (respectively at 589.1 and 577.2).
Supports and resistances:
641.7 **
631.9 *
622.1 **
612.3
589.9 last
582.3
575.9 **
559.6 *
549.9 **
Our preference: as long as 575.9 is support look for 622.1.
Alternative scenario: below 575.9, expect 559.6 and 549.9.
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 trading above both its 20 and 50 period moving average (respectively at 589.1 and 577.2).
Supports and resistances:
641.7 **
631.9 *
622.1 **
612.3
589.9 last
582.3
575.9 **
559.6 *
549.9 **
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