BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 878.000000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 856.590000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 883.460000000 |
| 2nd High | 881.360000000 |
| Next High | 878.000000000 |
| Current Price | 875.300000000 |
| Next Low | 856.590000000 |
| 2nd Low | 844.710000000 |
| 3rd Low | 841.100000000 |
865.000000000 – 859.960000000 – 857.730000000 – 856.590000000 – 844.710000000 – 841.100000000 — 65.601394608462 – 65.857535284902
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –