Binance Coin / Dollar may rise to 604.7 - 612.3

Our pivot point stands at 576.9.

Our preference

The upside prevails as long as 576.9 is support.

Alternative scenario

Below 576.9, expect 564.2 and 556.6.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 582.4 and 583.3).

Supports and resistances

627.5 **

619.9 *

612.3 **

604.7

588.9 last

581.9

576.9 **

564.2 *

556.6 **

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