Buy BNB/USDT – 4H – BUY

The currency pair Binance Coin/Tether (BNB/USDT) goes from the descending trendline up.

An ascending movement upwards to the next resistance level at 602.31 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 745.74
2nd High 632.9
Next High 602.31
Current Price 571.300000000
Next Low
2nd Low
3rd Low

602.31 – 632.9 – 613.39 – 570.82 – 580.68 – 570.61 —
577.250000000 – 566.260000000 —
37.608564927319 – 36.885938204521 —
– —
602.31 – 1782129600

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