Binance Coin / Dollar may rise to 590.9 - 596.5

Our pivot point stands at 569.6.

Our preference

The upside prevails as long as 569.6 is support.

Alternative scenario

Below 569.6, expect 560.1 and 554.5.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 573.7 and 571.4).

Supports and resistances

607.9 **

602.2 *

596.5 **

590.9

578.6 last

573.3

569.6 **

560.1 *

554.5 **

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