Bitcoin Cash / Dollar intraday: the upside prevail

Bitcoin Cash / Dollar intraday: the upside prevails as long as 449.50 is support

BCHUSD

Trading Central 2021-01-13 14:31:04

Our pivot point stands at 449.50.

Our preference: the upside prevails as long as 449.50 is support.

Alternative scenario: the downside breakout of 449.50 would call for 430.10 and 418.50.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 459.20 and 468.70).

Supports and resistances:

531.80 **

520.00 *

508.20 **

496.50

469.93 last

457.10

449.50 **

Disclaimer

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