BNB/USDT – 1H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 567.04 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 546.17 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 572.72 |
| 2nd High | 570.34 |
| Next High | 567.04 |
| Current Price | 556.590000000 |
| Next Low | 546.17 |
| 2nd Low | 545.62 |
| 3rd Low | 540.6 |
567.04 – 570.34 – 572.72 – 546.17 – 545.62 – 550.37 —
562.960000000 – 560.400000000 —
65.027416883699 – 48.48698676669 —
– —
567.04 – 1782572400