Binance Coin / Dollar may rise to 614.4 - 620.5

592.7 is our pivot point.

Our preference

The upside prevails as long as 592.7 is support.

Alternative scenario

Below 592.7, expect 582.6 and 576.5.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 599.8 and 599.9).

Supports and resistances

632.6 **

626.5 *

620.5 **

614.4

601.3 last

596.7

592.7 **

582.6 *

576.5 **

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