The currency pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 910.81 is expected.
Caution: A possible counter-trend in the direction of the support level at 894 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart forms ‘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 probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 920.27 |
| 2nd High | 917.33 |
| Next High | 910.81 |
| Current Price | 905.090000000 |
| Next Low | 894 |
| 2nd Low | 885.28 |
| 3rd Low | 865.26 |
910.81 – 917.33 – 915.91 – 894 – 896.85 – 902.23 — 44.293135819952 – 50.969383677491 — 33.705103121078 – 24.946419276538 – 58.873974218292 – 39.879753981158
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –