Bitcoin Cash Intraday: above its upper Bollinger band
Bitcoin Cash (BCH/USD)
-1.60-0.46%
the upside prevails as long as 307.7 is support.
Our pivot point stands at 307.7.
Our preference: the upside prevails as long as 307.7 is support.
Alternative scenario: below 307.7, expect 298.3 and 292.6.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 313.3 and 308.6). Finally, the Bitcoin Cash / Dollar has crossed above its upper Bollinger band (316.4).
Supports and resistances:
345.3 **
339.7 *
334.0 **
328.3
317.0 last
311.4
307.7 **
298.3 *
292.6 **
Our preference: the upside prevails as long as 307.7 is support.
Alternative scenario: below 307.7, expect 298.3 and 292.6.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 313.3 and 308.6). Finally, the Bitcoin Cash / Dollar has crossed above its upper Bollinger band (316.4).
Supports and resistances:
345.3 **
339.7 *
334.0 **
328.3
317.0 last
311.4
307.7 **
298.3 *
292.6 **
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