Bitcoin Cash Intraday: the downside prevails as long as 450 is resistance

Nov 20, 2024 8:49 PM

the downside prevails as long as 450 is resistance.

Our pivot point is at 450.0.
Our preference:
the downside prevails as long as 450 is resistance.
Alternative scenario:
above 450, look for 462.2 and 469.4.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 442.6 and 442.1).
Supports and resistances:
469.4 **
462.2 *
450.0 **
445.3
440.5 last
423.6
416.4 **
409.2 *
402.0 **

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