Bitcoin Cash Intraday: the upside prevails as long as 595.7 is support

Dec 5, 2024 9:42 AM

the upside prevails as long as 595.7 is support.

595.7 is our pivot point.
Our preference:
the upside prevails as long as 595.7 is support.
Alternative scenario:
below 595.7, expect 578.3 and 568.0.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 591.9 and 578).
Supports and resistances:
663.4 **
653.0 *
642.6 **
632.2
609.5 last
602.6
595.7 **
578.3 *
568.0 **

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