Bitcoin Cash / Dollar intraday: the upside prevails as long as 245 is support

Trading Central 2020-11-20 00:42:04

Our pivot point stands at 245.00.

Our preference: the upside prevails as long as 245 is support.

Alternative scenario: below 245.00, expect 240.20 and 237.40.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 247.15 and 247.26).

Supports and resistances:

263.20 **

260.30 *

257.50 **

254.60

248.90 last

246.90

245.00 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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