Buy BNB/USDT – 1H – BUY

The pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance at 631.86 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 601.23 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 669.65
2nd High 644.07
Next High 631.86
Current Price 630.180000000
Next Low 601.23
2nd Low 596
3rd Low 592.49

629.74 – 614.8 – 626.57 – 601.23 – 596 – 601.3 —
628.670000000 – 630.610000000 —
66.078621611666 – 64.52887166355 —
– —
629.74 – 1771621200

Trading Signals:

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