Bitcoin Cash Intraday: Expect 247.2
Bitcoin Cash (BCH/USD)
-4.69-1.86%
Under pressure below 254.5, with 247.2 and 245.4 as targets
Our pivot point is at 254.5.
Our preference: Under pressure below 254.5, with 247.2 and 245.4 as targets
Alternative scenario: above 254.5, look for 257.4 and 259.2.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 255.7 and 256.5).
Supports and resistances:
259.2 **
257.4 *
254.5 **
251.5 last
247.2
245.4 **
243.7 *
Our preference: Under pressure below 254.5, with 247.2 and 245.4 as targets
Alternative scenario: above 254.5, look for 257.4 and 259.2.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 255.7 and 256.5).
Supports and resistances:
259.2 **
257.4 *
254.5 **
251.5 last
247.2
245.4 **
243.7 *
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