Binance Coin / Dollar intraday: as long as 321.1 is support look for 336.1

Limited Increase
u
1640951537708
BNBUSD.hb+0%
2023-05-04 15:57Source:TC

Our pivot point stands at 321.1.

Our preference: as long as 321.1 is support look for 336.1.

Alternative scenario: below 321.1, expect 315.9 and 312.9.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (326.1) but above its 50 period moving average (324.7).

Supports and resistances:

342.2 **

339.1 *

336.1 **

333.0

325.8 last

323.1

321.1 **

315.9 *

312.9 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-04-2023 at 15:57 UTC+1

Price reference: 325.8 last known on 05-04-2023 at 15:57 UTC+1

Investment horizon: INTRADAY

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