Binance Coin / Dollar may rise to 584.9 - 591.8

Our pivot point stands at 556.9.

Our preference

Rebound towards 591.8.

Alternative scenario

Below 556.9, expect 545.6 and 538.8.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 570.2 and 572.6).

Supports and resistances

605.4 **

598.6 *

591.8 **

584.9

568.6 last

561.4

556.9 **

545.6 *

538.8 **

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