Binance Coin / Dollar intraday: the downside prevails as long as 1086.1 is resistance

Our pivot point stands at 1086.1.

Our preference: the downside prevails as long as 1086.1 is resistance.

Alternative scenario: above 1086.1, look for 1102.1 and 1111.6.

Comment: the RSI is below its neutrality area at 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 1091.1 and 1104.8).

Supports and resistances:

1111.6 **

1102.1 *

1086.1 **

1079.8

1069.5 last

1047.8

1038.4 **