Bitcoin Cash Intraday: the upside prevails as long as 338.2 is support
Oct 1, 2024 8:41 AM
the upside prevails as long as 338.2 is support.
338.2 is our pivot point.
Our preference:
the upside prevails as long as 338.2 is support.
Alternative scenario:
the downside breakout of 338.2 would call for 329.3 and 324.1.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 342.9 and 343).
Supports and resistances:
371.5 **
366.3 *
361.0 **
355.8
345.1 last
341.6
338.2 **
329.3 *
324.1 **
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