Bitcoin Cash Intraday: gap
Dec 26, 2024 7:49 AM
the downside prevails as long as 462.9 is resistance.
Our pivot point is at 462.9.
Our preference:
the downside prevails as long as 462.9 is resistance.
Alternative scenario:
the upside breakout of 462.9, would call for 477 and 485.5.
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 458.2 and 460.8).
Supports and resistances:
485.5 **
477.0 *
462.9 **
457.3
451.5 last
434.6
426.2 **
417.7 *
409.3 **
Our preference:
the downside prevails as long as 462.9 is resistance.
Alternative scenario:
the upside breakout of 462.9, would call for 477 and 485.5.
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 458.2 and 460.8).
Supports and resistances:
485.5 **
477.0 *
462.9 **
457.3
451.5 last
434.6
426.2 **
417.7 *
409.3 **
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