Binance Coin / Dollar may fall to 452.6 - 491.0

Our pivot point stands at 618.8.

Our preference

The downside prevails as long as 618.8 is resistance.

Alternative scenario

Above 618.8, look for 683.4 and 721.9.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 614.3 and 606).

Supports and resistances

721.9 **

683.4 *

618.8 **

593.4

568.0 last

491.0

452.6 **

414.1 *

375.6 **

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