Binance Coin / Dollar may rise to 723.8 - 730.0

702.9 is our pivot point.

Our preference

As long as 702.9 is support look for 730.

Alternative scenario

Below 702.9, expect 692.4 and 686.1.

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 above its 20 and 50 period moving average (respectively at 706.7 and 702.1).

Supports and resistances

742.6 **

736.3 *

730.0 **

723.8

711.2 last

707.1

702.9 **

692.4 *

686.1 **

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