Binance Coin / Dollar may rise to 637.8 - 643.8

Our pivot point stands at 615.9.

Our preference

As long as 615.9 is support look for 643.8.

Alternative scenario

Below 615.9, expect 605.8 and 599.7.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 621.8 and 609.1).

Supports and resistances

655.9 **

649.8 *

643.8 **

637.8

625.1 last

619.8

615.9 **

605.8 *

599.7 **

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