The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 666.16 will continue.
Caution: A possible trend reversal in the direction of the support level at 607.860000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 666.16 |
| Current Price | 646.970000000 |
| Next Low | 607.860000000 |
| 2nd Low | 588.64 |
| 3rd Low | 577.06 |
666.16 – 652.87 – 640.55 – 607.860000000 – 607.86 – 588.64 —
620.110000000 – 646.000000000 —
34.271952233782 – 57.063379700198 —
607.860000000 – 1773000000 —
666.16 – 1772640000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –