Binance Coin / Dollar may rise to 603.3 - 609.2

Our pivot point stands at 582.8.

Our preference

The upside prevails as long as 582.8 is support.

Alternative scenario

Below 582.8, expect 572.9 and 567.0.

Comment

The RSI is above its neutrality area at 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 588.6 and 586.3).

Supports and resistances

621.0 **

615.1 *

609.2 **

603.3

591.1 last

586.6

582.8 **

572.9 *

567.0 **

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