The currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 888.25 will persist.
Caution: A possible trend reversal in the direction of support at 868.68 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 896.3337 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 888.25 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 933.13 |
| 2nd High | 904.99 |
| Next High | 888.25 |
| Current Price | 894.950000000 |
| Next Low | 868.68 |
| 2nd Low | 864.54 |
| 3rd Low | 856.14 |
888.25 – 904.99 – 893.42 – 868.68 – 883.1 – 878.18 —
885.610000000 – 885.290000000 —
53.227591146369 – 50.091174385353 —
– —
888.25000 – 1769486400