Bitcoin Cash Intraday: rebound towards 462.0

Dec 27, 2024 1:05 AM

rebound towards 462.0.

Our pivot point stands at 426.7.
Our preference:
rebound towards 462.0.
Alternative scenario:
below 426.7, expect 413.0 and 404.8.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 437.6 and 444).
Supports and resistances:
478.4 **
470.2 *
462.0 **
453.9
437.5 last
432.1
426.7 **
413.0 *
404.8 **

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