The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 602.31 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 624.8 |
| 2nd High | 614.47 |
| Next High | 602.31 |
| Current Price | 601.300000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
602.31 – 614.47 – 624.8 – 581.51 – 577.06 – 618.72 —
596.400000000 – 599.420000000 —
58.354857512171 – 62.244261581282 —
– —
602.31 – 1771984800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –