Bitcoin Cash Intraday: above its upper Bollinger band
Bitcoin Cash (BCH/USD)
+8.07+1.43%
the upside prevails as long as 560.8 is support.
Our pivot point stands at 560.8.
Our preference: the upside prevails as long as 560.8 is support.
Alternative scenario: the downside breakout of 560.8 would call for 545.2 and 535.8.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 567.3 and 570.2). Finally, the Bitcoin Cash / Dollar has crossed above its upper Bollinger band (572.9).
Supports and resistances:
619.7 **
610.4 *
601.1 **
591.8
573.1 last
567.0
560.8 **
545.2 *
535.8 **
Our preference: the upside prevails as long as 560.8 is support.
Alternative scenario: the downside breakout of 560.8 would call for 545.2 and 535.8.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 567.3 and 570.2). Finally, the Bitcoin Cash / Dollar has crossed above its upper Bollinger band (572.9).
Supports and resistances:
619.7 **
610.4 *
601.1 **
591.8
573.1 last
567.0
560.8 **
545.2 *
535.8 **
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