Binance Coin / Dollar may rise to 622.3 - 628.8

Our pivot point stands at 599.0.

Our preference

The upside prevails as long as 599 is support.

Alternative scenario

Below 599.0, expect 588.1 and 581.7.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 606.5 and 605.5).

Supports and resistances

641.7 **

635.2 *

628.8 **

622.3

608.2 last

603.2

599.0 **

588.1 *

581.7 **

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