Bitcoin Cash Intraday: target 440.5
Bitcoin Cash (BCH/USD)-4.60-0.98%
target 440.5.
478.8 is our pivot point.
Our preference: target 440.5.
Alternative scenario: above 478.8, look for 493.5 and 502.2.
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 (470.3) but above its 50 period moving average (462.6).
Supports and resistances:
502.2 **
493.5 *
478.8 **
473.1
467.3 last
449.2
440.5 **
431.8 *
423.1 **
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