Binance Coin / Dollar may rise to 690.9 - 696.9

Our pivot point is at 668.6.

Our preference

Rebound towards 696.9.

Alternative scenario

The downside breakout of 668.6 would call for 658.6 and 652.6.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 678.8 and 682.5).

Supports and resistances

708.9 **

702.9 *

696.9 **

690.9

676.6 last

672.6

668.6 **

658.6 *

652.6 **

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