BNBUSDT
On April 21, BNB rebounded off the 318 support and rose above the 20-day EMA ($324), indicating a strong effort by the bulls to stop the decline. The flat 20-day EMA and the relative strength index (RSI) just above the midpoint do not give a clear edge to either the bulls or the bears. If the bulls can push the price above the 338 to $350 resistance zone, the BNB/USDT pair may gain momentum and rise to $400.
On the other hand, if the price falls below 318 again, it will suggest that the bears remain active at higher levels, and the pair may slump to the 200-day simple moving average (295), which is an important level for the bulls to defend.
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On April 21, BNB rebounded off the 318 support and rose above the 20-day EMA ($324), indicating a strong effort by the bulls to stop the decline. The flat 20-day EMA and the relative strength index (RSI) just above the midpoint do not give a clear edge to either the bulls or the bears. If the bulls can push the price above the 338 to $350 resistance zone, the BNB/USDT pair may gain momentum and rise to $400.
On the other hand, if the price falls below 318 again, it will suggest that the bears remain active at higher levels, and the pair may slump to the 200-day simple moving average (295), which is an important level for the bulls to defend.
Let me know what you think!
Follow me for more TA!
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.