Binance Coin / Dollar may rise to 683.6 - 725.4

Our pivot point is at 544.8.

Our preference

The upside prevails as long as 544.8 is support.

Alternative scenario

Below 544.8, expect 474.6 and 432.8.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 584.6 and 581.6).

Supports and resistances

809.0 **

767.2 *

725.4 **

683.6

600.0 last

572.4

544.8 **

474.6 *

432.8 **

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