BNB/USDT – 4H – BUYThe pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 864.060000000 will persist.
Caution: A possible trend reversal in the direction of support at 840.000000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 881.360000000 |
| 2nd High | 869.150000000 |
| Next High | 864.060000000 |
| Current Price | 855.420000000 |
| Next Low | 840.000000000 |
| 2nd Low | 829.590000000 |
| 3rd Low | 818.570000000 |
864.060000000 – 869.150000000 – 881.360000000 – 840.000000000 – 850.190000000 – 829.590000000 — 49.297281231142 – 55.875844424143
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –