Binance Coin / Dollar may rise to 605.6 - 610.9

Our pivot point stands at 587.6.

Our preference

The upside prevails as long as 587.6 is support.

Alternative scenario

Below 587.6, expect 578.8 and 573.5.

Comment

The RSI is above its neutrality area at 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 589.7 and 585.7).

Supports and resistances

621.5 **

616.2 *

610.9 **

605.6

595.0 last

591.1

587.6 **

578.8 *

573.5 **

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