BNB/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance at 729.57 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 602.79 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Bullish Belt Hold’ candle pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The 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).

613.03 – 612.33 – 613.39 – 602.79 – 599.33 – 596.58 —
616.130000000 – 617.150000000 —
57.778682515204 – 58.529541060527 —
– —
613.03 – 1781431200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –