The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 893.98 will continue.
Caution: A possible trend reversal in the direction of the support zone at 876.88 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 904.99 |
| 2nd High | 894.24 |
| Next High | 893.98 |
| Current Price | 897.170000000 |
| Next Low | 876.88 |
| 2nd Low | 868.68 |
| 3rd Low | 865.75 |
888.25 – 893.98 – 894.24 – 876.88 – 868.68 – 886.53 —
886.000000000 – 892.580000000 —
59.631540995714 – 61.468919772987 —
– —
888.25000 – 1769486400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –