Binance Coin / Dollar intraday: above its upper Bollinger band

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2026-05-20 07:43Source:TC

633.9 is our pivot point.

Our preference: our next up target stands at 655.5.

Alternative scenario: below 633.9, expect 626.9 and 622.8.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 639.5 and 640.7). Finally, the Binance Coin / Dollar is trading above its upper Bollinger band (standing at 641.6).

Supports and resistances:

659.7 *

655.5 **

651.4

642.3 last

633.9 **

626.9 *

622.8 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-20-2026 at 07:43 UTC+1

Price reference: 642.3 last known on 05-20-2026 at 07:43 UTC+1

Investment horizon: INTRADAY

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