BNB/USDT – 1H – BUY

The combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance level at 591.83 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

591.83 – 589.43 – 583.29 – 570.82 – 573 – 601.33 —
590.390000000 – 587.500000000 —
56.996480988552 – 36.234007486869 —
– —
591.83 – 1782025200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –