BNB/USDT – 1H – BUYThe combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 837.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 812.570000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 869.400000000 |
| 2nd High | 853.530000000 |
| Next High | 837.000000000 |
| Current Price | 834.640000000 |
| Next Low | 812.570000000 |
| 2nd Low | 797.730000000 |
| 3rd Low | 792.000000000 |
837.000000000 – 853.530000000 – 869.400000000 – 812.570000000 – 820.600000000 – 837.560000000 — 45.54820015418 – 52.445987300083
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – Double top retreat up – –