BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 667.970000000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Bullish Engulfing’ candle pattern is existing. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 670.990000000 |
| 2nd High | 670.920000000 |
| Next High | 667.970000000 |
| Current Price | 662.500000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
667.970000000 – 656.390000000 – 650.620000000 – 657.260000000 – 648.010000000 – 646.490000000
Trading Signals: FOREX – BNB – BNB/USDT – USDT – Bullish Engulfing