BNB/USDT – 1H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 598.52 will continue.
Caution: A possible trend reversal in the direction of the support zone at 580.68 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 610.54 |
| 2nd High | 610.44 |
| Next High | 598.52 |
| Current Price | 596.080000000 |
| Next Low | 580.68 |
| 2nd Low | 570.61 |
| 3rd Low | 570.06 |
598.52 – 610.44 – 610.54 – 580.68 – 583.84 – 593.1 —
587.230000000 – 596.570000000 —
38.202443209723 – 57.705446457069 —
– —
598.52 – 1781103600