Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 643.585 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 641 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 653.49 |
| 2nd High | 645.65 |
| Next High | 641 |
| Current Price | 639.550000000 |
| Next Low | 634.760000000 |
| 2nd Low | 633.68 |
| 3rd Low | 628.97 |
641 – 645.65 – 653.49 – 634.760000000 – 633.68 – 639.33 —
638.380000000 – 639.040000000 —
36.5591718919 – 47.862275791629 —
634.760000000 – 1778220000 —
641 – 1778212800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –