Binance Coin / Dollar may fall to 576.9 - 582.6

Our pivot point stands at 603.9.

Our preference

The downside prevails as long as 603.9 is resistance.

Alternative scenario

Above 603.9, look for 613.6 and 619.3.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 598.6 and 599.8).

Supports and resistances

619.3 **

613.6 *

603.9 **

600.1

594.3 last

582.6

576.9 **

571.2 *

565.5 **

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