Buy BNB/USDT – 1H – BUY

The pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 899.75 is considered certain.

Caution: A possible change in the direction of the support line at 801.7 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 906.5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 899.75 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The 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 941.06
2nd High 906.5
Next High 899.75
Current Price 887.820000000
Next Low 801.7
2nd Low 790.79
3rd Low 765

899.75 – 906.5 – 899.8 – 801.7 – 868.25 – 876.15 — 75.057514976399 – 75.38899866601 — 57.430488291321 – 57.052269897747 – 54.526932913065 – 55.21915034588

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