Bitcoin Cash / Dollar intraday: rebound towards 54

Bitcoin Cash / Dollar intraday: rebound towards 549.90

BCHUSD

Trading Central 2021-02-23 23:03:21

Our pivot point is at 470.60.

Our preference: rebound towards 549.90.

Alternative scenario: below 470.60, expect 450.30 and 438.10.

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 516.30 and 570.60).

Supports and resistances:

575.40 **

562.60 *

549.90 **

537.20

488.08 last

478.60

470.60 **

Disclaimer

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