The combination Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 910.810000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 896.85 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The currency 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 | 920.27 |
| 2nd High | 917.33 |
| Next High | 910.810000000 |
| Current Price | 901.930000000 |
| Next Low | 896.85 |
| 2nd Low | 885.28 |
| 3rd Low | 856.14 |
910.810000000 – 917.33 – 915.91 – 896.85 – 885.28 – 891.66 — 42.97783004658 – 44.28541727244 — 16.255892380091 – 21.620335898072 – 25.181815637194 – 19.451446292414
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –