Binance Coin / Dollar may rise to 644.4 - 680.1

513.6 is our pivot point.

Our preference

As long as 513.6 is support look for 680.1.

Alternative scenario

The downside breakout of 513.6 would call for 455 and 420.1.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (576.9) but above its 50 period moving average (553.9).

Supports and resistances

751.6 **

715.9 *

680.1 **

644.4

572.2 last

536.6

513.6 **

455.0 *

420.1 **

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