Binance Coin / Dollar may rise to 599.0 - 606.0

Our pivot point is at 573.5.

Our preference

Rebound towards 606.0.

Alternative scenario

Below 573.5, expect 561.8 and 554.9.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 583.1 and 588.7).

Supports and resistances

619.9 **

613.0 *

606.0 **

599.0

583.0 last

578.1

573.5 **

561.8 *

554.9 **

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