Binance Coin / Dollar may rise to 713.3 - 719.5

Our pivot point is at 690.5.

Our preference

As long as 690.5 is support look for 719.5.

Alternative scenario

Below 690.5, expect 680.1 and 673.9.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 693.6 and 658.5).

Supports and resistances

731.8 **

725.6 *

719.5 **

713.3

700.5 last

694.5

690.5 **

680.1 *

673.9 **

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