BNB/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 679 will continue.

Caution: A possible counter-trend in the direction of support at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

679 – 657.7 – 656.29 – 650.11 – 641.63 – 635.02 —
654.150000000 – 658.000000000 —
44.892106426925 – 53.008235239125 —
– —
679 – 1773406800

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –