Bitcoin Cash Intraday: the downside prevails as long as 513.5 is resistance

Nov 29, 2024 9:42 AM

the downside prevails as long as 513.5 is resistance.

Our pivot point stands at 513.5.
Our preference:
the downside prevails as long as 513.5 is resistance.
Alternative scenario:
above 513.5, look for 528.2 and 536.9.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 508.4 and 507.2).
Supports and resistances:
536.9 **
528.2 *
513.5 **
507.8
501.6 last
484.1
475.4 **
466.6 *
457.9 **

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