BNB/USDT – 4H – BUYThe combination Binance Coin/Tether (BNB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at is likely expected.
Caution: A possible counter-trend in the direction of the support level at 841.100000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 925.180000000 |
| Next Low | 841.100000000 |
| 2nd Low | 840.000000000 |
| 3rd Low | 829.590000000 |
885.850000000 – 864.060000000 – 869.150000000 – 841.100000000 – 840.000000000 – 850.190000000 — 80.010249196941 – 80.372932938931
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –