#BNB rejection from 20DMA support. #bnbbtc overview

in cryptocurrency •  6 years ago 

Bnb has fallen below the double top support level, currently supported by the 20DMA at 2355

Yesterday we got a bullish daily candle around the 20DMA support - rejection from below 20DMA support with low volume indicating sellers are exhausted for short term.

However RSI and Macd are showing bearish divergences.

Today if #bnb gives closing below the 2355 support region then we can expect a fall to below fib levels else if #bnb breaks above 2500 then the next resistance level will be around the 3000 region

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