BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 854.49 will persist.
Caution: A possible counter-trend in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 854.49 |
| Current Price | 848.670000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
854.49 – 842.93 – 836.36 – 836.620000000 – 813.77 – 813.85 — 53.771977961918 – 63.044694789321 — 28.773230425743 – 52.158654759221 – 26.886241761951 – 34.419506580587
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –