Bitcoin Cash Intraday: above its upper Bollinger band
Nov 20, 2024 2:02 PM
the upside prevails as long as 439.1 is support.
Our pivot point stands at 439.1.
Our preference:
the upside prevails as long as 439.1 is support.
Alternative scenario:
the downside breakout of 439.1 would call for 426.7 and 419.4.
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 trading above both its 20 and 50 period moving average (respectively at 442.2 and 443.9). Finally, the Bitcoin Cash / Dollar is trading above its upper Bollinger band (standing at 448.4).
Supports and resistances:
485.7 **
478.3 *
471.0 **
463.6
448.9 last
444.0
439.1 **
426.7 *
419.4 **
Our preference:
the upside prevails as long as 439.1 is support.
Alternative scenario:
the downside breakout of 439.1 would call for 426.7 and 419.4.
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 trading above both its 20 and 50 period moving average (respectively at 442.2 and 443.9). Finally, the Bitcoin Cash / Dollar is trading above its upper Bollinger band (standing at 448.4).
Supports and resistances:
485.7 **
478.3 *
471.0 **
463.6
448.9 last
444.0
439.1 **
426.7 *
419.4 **
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