BNB/USDT – 1H – BUYBesides a ‘Double top retreat up’ chart layout is existing. The chart shows ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to rise.
The pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 635.510000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 597.890000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 654.310000000 |
| 2nd High | 646.000000000 |
| Next High | 635.510000000 |
| Current Price | 620.790000000 |
| Next Low | 597.890000000 |
| 2nd Low | 593.230000000 |
| 3rd Low | 583.550000000 |
635.510000000 – 646.000000000 – 654.310000000 – 621.940000000 – 637.350000000 – 640.110000000