Binance Coin / Dollar may fall to 573.5 - 579.2

Our pivot point is at 600.4.

Our preference

The downside prevails as long as 600.4 is resistance.

Alternative scenario

Above 600.4, look for 610 and 615.8.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 594.9 and 595.3).

Supports and resistances

615.8 **

610.0 *

600.4 **

596.7

591.9 last

579.2

573.5 **

567.8 *

562.1 **

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