Bitcoin Cash Intraday: as long as 468.1 is support look for 504.4

Jan 17, 2025 9:42 AM

as long as 468.1 is support look for 504.4.

468.1 is our pivot point.
Our preference:
as long as 468.1 is support look for 504.4.
Alternative scenario:
below 468.1, expect 454.4 and 446.2.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 476.7 and 467.5).
Supports and resistances:
520.8 **
512.6 *
504.4 **
496.2
479.6 last
473.6
468.1 **
454.4 *
446.2 **

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