Bitcoin Cash / Dollar intraday: as long as 472.20

Bitcoin Cash / Dollar intraday: as long as 472.20 is support look for 538

BCHUSD

Trading Central 2021-01-14 14:35:05

Our pivot point is at 472.20.

Our preference: as long as 472.20 is support look for 538.

Alternative scenario: the downside breakout of 472.20 would call for 451.80 and 439.70.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 492.30 and 482.70).

Supports and resistances:

562.90 **

550.40 *

538.00 **

525.50

497.15 last

480.30

472.20 **

Disclaimer

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