Bitcoin Cash Intraday: Towards 261.0

Our pivot point is at 274.0.
Our preference:
The downside prevails as long as 274.0 is resistance, with 261.0 and 258.0 as targets
Alternative scenario:
above 274.0, look for 279.1 and 282.1.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 272.5 and 274.8).
Supports and resistances:
282.1 **
279.1 *
274.0 **
270.1 last
261.0
258.0 **
255.0 *