Bitcoin Cash / Dollar intraday: the upside prevail

Bitcoin Cash / Dollar intraday: the upside prevails as long as 698.30 is support

BCHUSD

Trading Central 2021-02-19 22:17:15

Our pivot point stands at 698.30.

Our preference: the upside prevails as long as 698.30 is support.

Alternative scenario: below 698.30, expect 668.10 and 650.10.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 714.40 and 706.60).

Supports and resistances:

814.90 **

796.90 *

778.80 **

760.80

724.68 last

710.20

698.30 **

Disclaimer

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