BNB/USDT – 4H – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 640.26074 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 629.61 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Inverted Hammer’ candle chart pattern is found. The candles form ‘Inverted Hammer’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ going up is 65% (Bull Market).

622.84 – 629.61 – 639.81 – 610.26 – 618.38 – 615 —
619.380000000 – 622.270000000 —
48.069649107272 – 45.682011765316 —
– —
622.84 – 1777636800

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Inverted Hammer – – –