Bitcoin Cash Intraday: target 605.9
Bitcoin Cash (BCH/USD)-0.70-0.11%
target 605.9.

Our pivot point stands at 648.0.
Our preference: target 605.9.
Alternative scenario: above 648, look for 664.2 and 673.8.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (636.1) but above its 50 period moving average (632.3).
Supports and resistances:
673.8 **
664.2 *
648.0 **
641.7
634.8 last
615.5
605.9 **
596.3 *
586.7 **
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