BNB/USDT – 4H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 864.060000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 840.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Two-Candle Shooting Star’ candlestick pattern is existing. The candles show ‘Two-Candle Shooting Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 881.360000000 |
| 2nd High | 869.150000000 |
| Next High | 864.060000000 |
| Current Price | 851.360000000 |
| Next Low | 840.000000000 |
| 2nd Low | 829.590000000 |
| 3rd Low | 818.570000000 |
864.060000000 – 869.150000000 – 881.360000000 – 840.000000000 – 850.190000000 – 829.590000000 — 50.268424263565 – 50.797416319198
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two-Candle Shooting Star – – –