Bitcoin Cash Intraday: as long as 432 is support look for 458.1
Bitcoin Cash (BCH/USD)
+0.70+0.16%
as long as 432 is support look for 458.1.
Our pivot point stands at 432.0.
Our preference: as long as 432 is support look for 458.1.
Alternative scenario: the downside breakout of 432 would call for 421.9 and 415.9.
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 437.7 and 430.7).
Supports and resistances:
470.1 **
464.1 *
458.1 **
452.0
440.0 last
436.0
432.0 **
421.9 *
415.9 **
Our preference: as long as 432 is support look for 458.1.
Alternative scenario: the downside breakout of 432 would call for 421.9 and 415.9.
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 437.7 and 430.7).
Supports and resistances:
470.1 **
464.1 *
458.1 **
452.0
440.0 last
436.0
432.0 **
421.9 *
415.9 **
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