Our pivot point stands at 226.4.
Our preference: the upside prevails as long as 226.4 is support.
Alternative scenario: below 226.4, expect 224.2 and 222.9.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 226.7 and 226.2). Finally, the Binance Coin / Dollar is trading above its upper Bollinger band (standing at 228.3).
Supports and resistances:
234.9 **
233.6 *
232.3 **
231.0
228.4 last
227.2
226.4 **
224.2 *
222.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2023 at 11:06 UTC+1
Price reference: 228.4 last known on 10-30-2023 at 11:06 UTC+1
Investment horizon: INTRADAY
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