Binance Coin / Dollar may rise to 616.2 - 622.2

Our pivot point stands at 592.1.

Our preference

The upside prevails as long as 592.1 is support.

Alternative scenario

Below 592.1, expect 582.1 and 576.1.

Comment

The RSI is above its neutrality area at 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 589.8 and 594.4).

Supports and resistances

634.3 **

628.2 *

622.2 **

616.2

600.5 last

596.1

592.1 **

582.1 *

576.1 **

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