#AI-driven #TechnicalAnalysis for $BNB #BNB on 7/9/23, powered by. Market outlook for next 7 days:.

07 Sep 2023, 15:49

📊 #AI-driven #TechnicalAnalysis for $BNB #BNB on 7/9/23, powered by Market outlook for next 7 days: Continued bearishness to sideways movement. Let's take a look at what's driving it... Price: Prices slightly declined over the week [#Bearish] 🐻 Moving Average: Price generally below the 7-day average [Bearish] 🐻 Relative Strength Index (#RSI): RSI remains below 50, indicating selling momentum [Bearish] 🐻 On Balance Volume (#OBV): Mild fluctuations; slightly upward trend [Neutral] 😐 Average directional index (#ADX): ADX is decreasing, trend strength is weakening [Neutral] 😐 #Stochastic: Upward movement from oversold area [#Bullish] 🐂 MACD: #MACD is below its signal line but decreasing in negativity [Neutral] 😐 Fibonacci Retracement Levels: Price hovers around the mid to lower #Fibonacci levels [Bearish] 🐻 TD Sequential: Shows continued bearish setup [Bearish] 🐻 Bearish Confirmation occurrence: RSI and #movingaverage both confirm the bearish trend 🐻 Bullish Divergence occurrence: - Divergence shown in the MACD Histogram as it gets less negative while price decreases - Stochastic rises while price remains stable 🐂 --------------- provides AI-driven forecasts, #CryptoAnalytics, & market insights for #BTC #ETH #BNB #ADA #MATIC #DOGE #SOL #DOT #LTC #AVAX & #Chainlink #CryptoInsights & #TradingTips, not trading or financial advice.