BNB/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 583.01 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 562.37 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bullish Engulfing’ candle pattern is detected. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

583.01 – 578.31 – 578.14 – 562.37 – 573.06 – 569.63 —
582.290000000 – 581.120000000 —
79.594114556641 – 65.103430342792 —
– —
583.01 – 1783780200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Engulfing – – –