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    Bitcoin Cash Intraday: the upside prevails as long as 475 is support

    Apr 26, 2024 19:53
    Bitcoin Cash (BCH/USD)
    10+2.11%
    the upside prevails as long as 475 is support.
    image
    Our pivot point stands at 475.0.

    Our preference: the upside prevails as long as 475 is support.

    Alternative scenario: below 475.0, expect 459.7 and 450.6.

    Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 483 and 480.1).

    Supports and resistances:
    535.5 **
    526.3 *
    517.2 **
    508.0
    487.0 last
    481.0
    475.0 **
    459.7 *
    450.6 **

    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.
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