The currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 639 will persist.
Caution: A possible reversal of the trend in the direction of support at 610.26 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 654.19 |
| 2nd High | 639.81 |
| Next High | 639 |
| Current Price | 645.510000000 |
| Next Low | 610.26 |
| 2nd Low | 589.1 |
| 3rd Low | 580.33 |
639 – 622.84 – 629.61 – 610.26 – 618.38 – 615 —
625.910000000 – 636.010000000 —
52.964290894568 – 68.392582902582 —
– —
639 – 1777867200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –