BNB/USDT – 30M – BUYThe pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 918.75 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 891.72 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 920.745 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 918.75 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 939.55 |
| 2nd High | 938.65 |
| Next High | 918.75 |
| Current Price | 910.330000000 |
| Next Low | 891.72 |
| 2nd Low | 887.88 |
| 3rd Low | 880.8 |
918.75 – 938.65 – 939.55 – 891.72 – 899.95 – 910.15 — 49.522469022878 – 51.490647123451 — 72.784364951768 – 75.862473204716 – 78.159610575205 – 74.962040014291