I invite you to a quick review of BNB to USDT on a four-hour interval. As you can see, the price is moving above the local uptrend line.
Looking at the current increase, we will unfold the Fib Retracement grid, and we can see that the price is fighting a strong resistance zone from $317 to $321, while we still have resistance at $330.
Looking the other way, there is support at $308.5, while the support zone from $296 to $289 is still important.
The RSI indicator remains in the upper part of the range, while the STOCH indicator exceeds the upper limit, which may result in a price recovery.
Looking at the current increase, we will unfold the Fib Retracement grid, and we can see that the price is fighting a strong resistance zone from $317 to $321, while we still have resistance at $330.
Looking the other way, there is support at $308.5, while the support zone from $296 to $289 is still important.
The RSI indicator remains in the upper part of the range, while the STOCH indicator exceeds the upper limit, which may result in a price recovery.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
