Binance Coin / Dollar may rise to 612.6 - 617.9

Our pivot point is at 593.9.

Our preference

The upside prevails as long as 593.9 is support.

Alternative scenario

Below 593.9, expect 584.9 and 579.6.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 597.2 and 592.9).

Supports and resistances

628.6 **

623.2 *

617.9 **

612.6

601.9 last

597.4

593.9 **

584.9 *

579.6 **

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