Buy BNB/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 665.42 is likely expected.

Caution: A possible change in the direction of the support level at 641.63 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 669.65
2nd High 666.16
Next High 665.42
Current Price 660.840000000
Next Low 641.63
2nd Low 635.02
3rd Low 607.86

657.7 – 656.29 – 624.27 – 641.63 – 635.02 – 607.86 —
652.350000000 – 661.900000000 —
55.429538525842 – 63.577205571893 —
– —
657.7 – 1773316800

Trading Signals:

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