| Binance Coin / Dollar intraday: technical rebound towards 646.5 before a new drop |
| |
|
| Our pivot point is at 646.5. |
| |
| Our preference: |
| Technical rebound towards 646.5 before a new drop. |
| |
| Alternative scenario: |
| The upside breakout of 646.5, would call for 655.3 and 660.5. |
| |
| Comment: |
| The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above its 20 period moving average (633) but under its 50 period moving average (639.2). |
| |
 |
| |
| |
| |