Binance Coin / Dollar may rise to 565.2 - 572.4

Our pivot point stands at 539.2.

Our preference

Rebound towards 572.4.

Alternative scenario

Below 539.2, expect 527.2 and 520.0.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 552.1 and 559.5).

Supports and resistances

586.8 **

579.6 *

572.4 **

565.2

549.9 last

543.9

539.2 **

527.2 *

520.0 **

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