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
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –