Bitcoin Cash Intraday: the downside prevails as long as 443.2 is resistance
Nov 21, 2024 3:04 AM
the downside prevails as long as 443.2 is resistance.
443.2 is our pivot point.
Our preference:
the downside prevails as long as 443.2 is resistance.
Alternative scenario:
the upside breakout of 443.2, would call for 455.1 and 462.3.
Comment:
the RSI is below 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 439.9 and 441.4).
Supports and resistances:
462.3 **
455.1 *
443.2 **
438.5
433.7 last
418.3
411.2 **
404.1 *
397.0 **
Our preference:
the downside prevails as long as 443.2 is resistance.
Alternative scenario:
the upside breakout of 443.2, would call for 455.1 and 462.3.
Comment:
the RSI is below 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 439.9 and 441.4).
Supports and resistances:
462.3 **
455.1 *
443.2 **
438.5
433.7 last
418.3
411.2 **
404.1 *
397.0 **
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