Bitcoin Cash / Dollar intraday: rebound towards 565.3

Our pivot point stands at 534.4.

Our preference: rebound towards 565.3.

Alternative scenario: the downside breakout of 534.4 would call for 522.6 and 515.5.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 545 and 548.1).

Supports and resistances:

579.3 **

572.3 *

565.3 **

558.2

543.7 last

539.0

534.4 **