Binance Coin / Dollar may rise to 620.4 - 625.8

Our pivot point is at 598.7.

Our preference

The upside prevails as long as 598.7 is support.

Alternative scenario

Below 598.7, expect 589.7 and 584.3.

Comment

The RSI is above 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 601.2 and 598.6).

Supports and resistances

636.6 **

631.2 *

625.8 **

620.4

607.7 last

602.2

598.7 **

589.7 *

584.3 **

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