Bitcoin Cash / Dollar intraday: rebound towards 55

Bitcoin Cash / Dollar intraday: rebound towards 558.20

BCHUSD

Trading Central 2021-02-23 22:18:05

Our pivot point stands at 493.00.

Our preference: rebound towards 558.20.

Alternative scenario: below 493.00, expect 471.70 and 459.00.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 521.50 and 573.40).

Supports and resistances:

584.10 **

571.20 *

558.20 **

545.30

519.29 last

501.40

493.00 **

Disclaimer

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