BNB/USDT – 30M – BUY

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

A bullish movement up to the next resistance level at 651.49 is considered certain.

Caution: A possible change in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Additionally a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The pair is likely to go up.

Additionally a ‘Bullish Engulfing’ candle pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

651.49 – 664.26 – 635 – 628.97 – 627.81 – 622.58 —
649.120000000 – 646.490000000 —
54.546058577116 – 43.183995645611 —
– —
651.49 – 1778097600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Engulfing – – –