Bitcoin Cash Intraday: the downside prevails as long as 335.7 is resistance

Feb 12, 2025 3:04 AM

the downside prevails as long as 335.7 is resistance.

Our pivot point stands at 335.7.
Our preference:
the downside prevails as long as 335.7 is resistance.
Alternative scenario:
the upside breakout of 335.7, would call for 344.4 and 349.6.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 330.8 and 335.3).
Supports and resistances:
349.6 **
344.4 *
335.7 **
332.3
328.9 last
318.5
313.4 **
308.2 *
303.0 **

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