Bitcoin Cash / Dollar intraday: the downside preva

Bitcoin Cash / Dollar intraday: the downside prevails as long as 708.70 is resistance

BCHUSD

Trading Central 2021-02-22 14:28:07

Our pivot point stands at 708.70.

Our preference: the downside prevails as long as 708.70 is resistance.

Alternative scenario: above 708.70, look for 737.40 and 754.40.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 692.60 and 696.80).

Supports and resistances:

754.40 **

737.40 *

708.70 **

697.40

682.81 last

643.90

627.00 **

Disclaimer

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