$BNB
the RSI is overbought
Target level found at
774.2
Pivot level found at
668.5
Support level found at
636.7
Our preference
The upside prevails as long as 668.5 is support, with 754.7 and 774.2 as targets
Alternative scenario
Below 668.5, expect 636.7 and 617.8.
Comment
The RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 625.6 and 595.6).
the RSI is overbought
Target level found at
774.2
Pivot level found at
668.5
Support level found at
636.7
Our preference
The upside prevails as long as 668.5 is support, with 754.7 and 774.2 as targets
Alternative scenario
Below 668.5, expect 636.7 and 617.8.
Comment
The RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 625.6 and 595.6).
