BNB/USDT – 30M – BUYThe combination Binance Coin/Tether (BNB/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 639 is expected.
Caution: A possible change in the direction of the support line at 615.61 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish SBS White Lines’ chart pattern is discovered. The chart forms ‘Bearish SBS White Lines’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 640.49 |
| 2nd High | 639.81 |
| Next High | 639 |
| Current Price | 626.100000000 |
| Next Low | 615.61 |
| 2nd Low | 615.09 |
| 3rd Low | 614.71 |
639 – 621.81 – 619.38 – 615.61 – 615.09 – 614.71 —
636.890000000 – 628.430000000 —
72.499969105824 – 50.648630928635 —
– —
639 – 1777867200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –