Binance Coin / Dollar may rise to 615.4 - 621.4

Our pivot point stands at 595.0.

Our preference

Our next up target stands at 621.4.

Alternative scenario

The downside breakout of 595 would call for 584.8 and 578.7.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 601.4 and 601.8).

Supports and resistances

633.6 **

627.5 *

621.4 **

615.4

603.1 last

599.0

595.0 **

584.8 *

578.7 **

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