Bitcoin Cash Intraday: rebound towards 491.1
Dec 25, 2024 2:02 PM
rebound towards 491.1.
453.6 is our pivot point.
Our preference:
rebound towards 491.1.
Alternative scenario:
the downside breakout of 453.6 would call for 439 and 430.3.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (464.9) but under its 50 period moving average (467.9).
Supports and resistances:
508.5 **
499.8 *
491.1 **
482.5
465.1 last
459.3
453.6 **
439.0 *
430.3 **
Our preference:
rebound towards 491.1.
Alternative scenario:
the downside breakout of 453.6 would call for 439 and 430.3.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (464.9) but under its 50 period moving average (467.9).
Supports and resistances:
508.5 **
499.8 *
491.1 **
482.5
465.1 last
459.3
453.6 **
439.0 *
430.3 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
Bitcoin Cash
439.90
2.60
+0.59%