Binance Coin / Dollar may rise to 659.1 - 709.4

Our pivot point stands at 482.3.

Our preference

The upside prevails as long as 482.3 is support.

Alternative scenario

Below 482.3, expect 399.3 and 349.9.

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 543 and 550).

Supports and resistances

810.2 **

759.8 *

709.4 **

659.1

552.2 last

514.9

482.3 **

399.3 *

349.9 **

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