Bitcoin Cash Intraday: Pivot threshold in sight

Bitcoin Cash (BCH/USD)
+1.39+0.50%
The upside prevails as long as 273.1 is support, with 288.4 and 292.0 as targets
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Our pivot point is at 273.1.

Our preference: The upside prevails as long as 273.1 is support, with 288.4 and 292.0 as targets

Alternative scenario: below 273.1, expect 267.1 and 263.5.

Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.

Supports and resistances:
295.6 *
292.0 **
288.4
274.4 last
273.1 **
267.1 *
263.5 **

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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