Bitcoin Cash Intraday: as long as 327.6 is support look for 354.9
Bitcoin Cash (BCH/USD)
-3.69-1.10%
as long as 327.6 is support look for 354.9.
Our pivot point stands at 327.6.
Our preference: as long as 327.6 is support look for 354.9.
Alternative scenario: the downside breakout of 327.6 would call for 317.1 and 310.8.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 335.9 and 333.5).
Supports and resistances:
367.5 **
361.2 *
354.9 **
348.7
336.1 last
331.8
327.6 **
317.1 *
310.8 **
Our preference: as long as 327.6 is support look for 354.9.
Alternative scenario: the downside breakout of 327.6 would call for 317.1 and 310.8.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 335.9 and 333.5).
Supports and resistances:
367.5 **
361.2 *
354.9 **
348.7
336.1 last
331.8
327.6 **
317.1 *
310.8 **
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