Bitcoin Cash / Dollar intraday: as long as 461.40

Bitcoin Cash / Dollar intraday: as long as 461.40 is support look for 514.40

BCHUSD

Trading Central 2021-01-13 22:19:04

Our pivot point stands at 461.40.

Our preference: as long as 461.40 is support look for 514.40.

Alternative scenario: the downside breakout of 461.40 would call for 441.50 and 429.60.

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 above its 20 and 50 period moving average (respectively at 473.90 and 465.80).

Supports and resistances:

538.20 **

526.30 *

514.40 **

502.50

477.19 last

469.30

461.40 **

Disclaimer

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