BNB/USDT – 1H – BUYThe pair Binance Coin/Tether (BNB/USDT) moves from the bearish trendline upwards
An ascending movement up to the next resistance level at 941.06 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 860.11 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Up’ candlestick chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 972.2 |
| 2nd High | 949.77 |
| Next High | 941.06 |
| Current Price | 822.870000000 |
| Next Low | 860.11 |
| 2nd Low | 841.1 |
| 3rd Low | 840.71 |
941.06 – 939.99 – 949.77 – 884.4 – 908.16 – 921.49 — 25.939028226047 – 29.334208482882 — 17.272514321003 – 41.838625183671 – 5.7575047736678 – 19.703713168225
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –