Binance Coin / Dollar may rise to 607.3 - 613.0

Our pivot point is at 586.9.

Our preference

Rebound towards 613.0.

Alternative scenario

Below 586.9, expect 577.3 and 571.6.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (594.6) but under its 50 period moving average (597.2).

Supports and resistances

624.5 **

618.8 *

613.0 **

607.3

594.8 last

590.7

586.9 **

577.3 *

571.6 **

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