Bitcoin Cash / Dollar intraday: the downside prevails as long as 438 is resistance

Our pivot point is at 438.0.

Our preference: the downside prevails as long as 438 is resistance.

Alternative scenario: above 438, look for 449.9 and 456.9.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 433.4 and 432.4).

Supports and resistances:

456.9 **

449.9 *

438.0 **

433.3

428.6 last

414.5

407.4 **