Bitcoin Cash Intraday: rebound
Feb 4, 2025 2:01 PM
rebound.

Our pivot point is at 326.9.
Our preference:
rebound.
Alternative scenario:
below 326.9, expect 317.3 and 311.6.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (331) but under its 50 period moving average (336.8).
Supports and resistances:
363.5 **
357.8 *
352.1 **
346.4
334.9 last
330.7
326.9 **
317.3 *
311.6 **
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