The pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 598.52 is certain.
Caution: A possible trend reversal in the direction of the support line at could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 605.68 |
| 2nd High | 598.62 |
| Next High | 598.52 |
| Current Price | 598.210000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
598.52 – 598.62 – 605.68 – 582.1 – 580.68 – 583.84 —
593.000000000 – 597.270000000 —
59.032603084697 – 61.271537707276 —
– —
598.52 – 1781105400