Binance Coin / Dollar may rise to 632.4 - 639.0

610.6 is our pivot point.

Our preference

As long as 610.6 is support look for 639.

Alternative scenario

Below 610.6, expect 599.6 and 593.0.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (619.9) but above its 50 period moving average (614).

Supports and resistances

652.2 **

645.6 *

639.0 **

632.4

619.3 last

615.0

610.6 **

599.6 *

593.0 **

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