Binance Coin / Dollar may rise to 608.2 - 615.3

Our pivot point is at 571.3.

Our preference

As long as 571.3 is support look for 615.3.

Alternative scenario

Below 571.3, expect 559.7 and 552.7.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (586.1) but above its 50 period moving average (579.4).

Supports and resistances

629.5 **

622.4 *

615.3 **

608.2

585.1 last

575.9

571.3 **

559.7 *

552.7 **

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