Bitcoin Cash Intraday: as long as 500.4 is resistance look for 463.7
Bitcoin Cash (BCH/USD)
+42.10+8.67%
as long as 500.4 is resistance look for 463.7.
500.4 is our pivot point.
Our preference: as long as 500.4 is resistance look for 463.7.
Alternative scenario: the upside breakout of 500.4, would call for 513.9 and 521.9.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (486.3) but below its 50 period moving average (493.4).
Supports and resistances:
521.9 **
513.9 *
500.4 **
495.1
487.7 last
471.7
463.7 **
455.6 *
447.6 **
Our preference: as long as 500.4 is resistance look for 463.7.
Alternative scenario: the upside breakout of 500.4, would call for 513.9 and 521.9.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (486.3) but below its 50 period moving average (493.4).
Supports and resistances:
521.9 **
513.9 *
500.4 **
495.1
487.7 last
471.7
463.7 **
455.6 *
447.6 **
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