Bitcoin Cash Intraday: as long as 450.1 is support look for 476.9
Bitcoin Cash (BCH/USD)
+7.18+1.59%
as long as 450.1 is support look for 476.9.
Our pivot point is at 450.1.
Our preference: as long as 450.1 is support look for 476.9.
Alternative scenario: the downside breakout of 450.1 would call for 439.8 and 433.8.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (459.2) but above its 50 period moving average (454.7).
Supports and resistances:
489.0 **
482.9 *
476.9 **
470.8
458.1 last
454.1
450.1 **
439.8 *
433.8 **
Our preference: as long as 450.1 is support look for 476.9.
Alternative scenario: the downside breakout of 450.1 would call for 439.8 and 433.8.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (459.2) but above its 50 period moving average (454.7).
Supports and resistances:
489.0 **
482.9 *
476.9 **
470.8
458.1 last
454.1
450.1 **
439.8 *
433.8 **
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