BNB/USDT – 1H – BUYThe pair Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 881.360000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 841.100000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 900.710000000 |
| 2nd High | 883.460000000 |
| Next High | 881.360000000 |
| Current Price | 880.050000000 |
| Next Low | 841.100000000 |
| 2nd Low | 840.710000000 |
| 3rd Low | 840.000000000 |
865.000000000 – 857.730000000 – 864.060000000 – 841.100000000 – 840.710000000 – 840.000000000 — 68.26542853191 – 73.741765352857
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – Double bottom retreat down – –