Bitcoin Cash / Dollar intraday: as long as 251.90 is support look for 265

Trading Central 2020-11-21 00:19:06

Our pivot point stands at 251.90.

Our preference: as long as 251.90 is support look for 265.

Alternative scenario: below 251.90, expect 247.00 and 244.10.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 255.64 and 253.02).

Supports and resistances:

270.90 **

268.00 *

265.00 **

262.10

256.20 last

253.90

251.90 **

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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