BNB/USDT – 1H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 904.99 is certain.
Caution: A possible counter-trend in the direction of the support level at 868.680000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 953.33 |
| 2nd High | 933.13 |
| Next High | 904.99 |
| Current Price | 885.090000000 |
| Next Low | 868.680000000 |
| 2nd Low | 864.54 |
| 3rd Low |
904.99 – 893.42 – 897.58 – 868.680000000 – 883.1 – 878.18 —
874.700000000 – 879.570000000 —
28.578464203091 – 44.003414386297 —
868.680000000 – 1769446800 —
904.99000 – 1769187600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –