The combination Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 634 is considered certain.
Caution: A possible change in the direction of support at could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three Outside Up’ candlestick pattern is existing. The chart forms ‘Three Outside Up’. this 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 639.81 |
| 2nd High | 639 |
| Next High | 634 |
| Current Price | 633.580000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
634 – 639 – 621.81 – 627.81 – 622.58 – 623.48 —
634.500000000 – 631.690000000 —
67.190564161159 – 46.204731558906 —
– —
634 – 1777986000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –