Binance Coin / Dollar may rise to 668.3 - 702.4

543.1 is our pivot point.

Our preference

The upside prevails as long as 543.1 is support.

Alternative scenario

The downside breakout of 543.1 would call for 487.2 and 453.9.

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 580.1 and 563.9).

Supports and resistances

770.4 **

736.4 *

702.4 **

668.3

590.3 last

565.0

543.1 **

487.2 *

453.9 **

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