BNB/USDT – 1H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 949.77 will persist.
Caution: A possible trend reversal in the direction of the support level at 884.4 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 978.61 |
| 2nd High | 972.2 |
| Next High | 949.77 |
| Current Price | 936.990000000 |
| Next Low | 884.4 |
| 2nd Low | 880.8 |
| 3rd Low | 860.11 |
949.77 – 945.22 – 972.2 – 884.4 – 908.16 – 921.49 — 58.838418823616 – 65.180392608154 — 79.990926619031 – 89.098332766247 – 76.327549052966 – 80.973876223961