Bitcoin Cash Intraday: as long as 471.1 is support look for 506.8

Jan 17, 2025 2:01 PM

as long as 471.1 is support look for 506.8.

471.1 is our pivot point.
Our preference:
as long as 471.1 is support look for 506.8.
Alternative scenario:
below 471.1, expect 457.2 and 449.0.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 480.8 and 472.2).
Supports and resistances:
523.3 **
515.0 *
506.8 **
498.5
482.0 last
476.6
471.1 **
457.2 *
449.0 **

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