Binance Coin / Dollar may fall to 457.5 - 463.2

482.0 is our pivot point.

Our preference

The downside prevails as long as 482 is resistance.

Alternative scenario

Above 482, look for 491.5 and 497.2.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 483.1 and 484.2).

Supports and resistances

497.2 **

491.5 *

482.0 **

478.2

474.5 last

463.2

457.5 **

451.8 *

446.2 **

Number of asterisks represents the strength of support and resistance levels.