The combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance at 934.190000000 will persist.
Caution: A possible counter-trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 943.860000000 |
| 2nd High | 941.410000000 |
| Next High | 934.190000000 |
| Current Price | 934.480000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
934.190000000 – 941.410000000 – 943.860000000 – 921.910000000 – 927.800000000 – 922.110000000 — 56.383364576447 – 60.360906555819
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –