BNB/USDT – 4H – BUYThe pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 941.06 is expected.
Caution: A possible change in the direction of the support zone at 790.79 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 905.175 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 941.06 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1019.56 |
| 2nd High | 949.77 |
| Next High | 941.06 |
| Current Price | 855.280000000 |
| Next Low | 790.79 |
| 2nd Low | 745.11 |
| 3rd Low | 730.01 |
941.06 – 949.77 – 1019.56 – 790.79 – 887.88 – 880.8 — 45.031011561866 – 49.817701578981 — 41.92509772562 – 41.012196277296 – 59.650182618007 – 47.765262392985
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – – Rising Wedge Chart Pattern – –