Bitcoin Cash Intraday: the upside prevails as long as 526.4 is support
Bitcoin Cash (BCH/USD)
+17.83+3.43%
the upside prevails as long as 526.4 is support.
Our pivot point stands at 526.4.
Our preference: the upside prevails as long as 526.4 is support.
Alternative scenario: below 526.4, expect 511.6 and 502.7.
Comment: the RSI is above its neutrality area at 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 533.2 and 527.6).
Supports and resistances:
582.0 **
573.2 *
564.4 **
555.6
538.0 last
532.2
526.4 **
511.6 *
502.7 **
Our preference: the upside prevails as long as 526.4 is support.
Alternative scenario: below 526.4, expect 511.6 and 502.7.
Comment: the RSI is above its neutrality area at 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 533.2 and 527.6).
Supports and resistances:
582.0 **
573.2 *
564.4 **
555.6
538.0 last
532.2
526.4 **
511.6 *
502.7 **
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