Bitcoin Cash Intraday: the upside prevails as long as 425 is support
Jan 10, 2025 2:01 PM
the upside prevails as long as 425 is support.
Our pivot point is at 425.0.
Our preference:
the upside prevails as long as 425 is support.
Alternative scenario:
below 425.0, expect 411.8 and 403.9.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 433.4 and 426.6).
Supports and resistances:
475.2 **
467.3 *
459.4 **
451.5
435.4 last
430.2
425.0 **
411.8 *
403.9 **
Our preference:
the upside prevails as long as 425 is support.
Alternative scenario:
below 425.0, expect 411.8 and 403.9.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 433.4 and 426.6).
Supports and resistances:
475.2 **
467.3 *
459.4 **
451.5
435.4 last
430.2
425.0 **
411.8 *
403.9 **
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