BNB/USDT – 4H – BUYThe combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 949.77 is considered certain.
Caution: A possible change in the direction of the support line at 887.88 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1182.6 |
| 2nd High | 1019.56 |
| Next High | 949.77 |
| Current Price | 935.800000000 |
| Next Low | 887.88 |
| 2nd Low | 880.8 |
| 3rd Low | 860.11 |
949.77 – 1019.56 – 1007.41 – 887.88 – 880.8 – 1071.43 — 49.488122547375 – 53.586504628252 — 70.683771759319 – 88.091227160814 – 50.521935697522 – 68.131686176263
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –