Binance Coin / Dollar may rise to 645.2 - 651.9

Our pivot point stands at 615.9.

Our preference

The upside prevails as long as 615.9 is support.

Alternative scenario

The downside breakout of 615.9 would call for 604.7 and 598.1.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 609.5 and 617.7). Finally, the Binance Coin / Dollar has crossed above its upper Bollinger band (624.5).

Supports and resistances

665.3 **

658.6 *

651.9 **

645.2

624.7 last

620.2

615.9 **

604.7 *

598.1 **

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