BNB/USDT – 1H – BUY

The combination Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 916.13 is certain.

Caution: A possible trend reversal in the direction of the support level at 886.79 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

916.13 – 928.24 – 910.57 – 886.79 – 801.7 – 868.25 — 44.861816683558 – 51.191813877943 — 40.151943736632 – 59.80672544392 – 48.740730922103 – 50.276717503423

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –