Binance Coin / Dollar may rise to 607.4 - 613.2

Our pivot point is at 586.7.

Our preference

The upside prevails as long as 586.7 is support.

Alternative scenario

Below 586.7, expect 577.1 and 571.3.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 593.9 and 594.1).

Supports and resistances

624.6 **

618.9 *

613.2 **

607.4

594.9 last

590.5

586.7 **

577.1 *

571.3 **

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