BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 918.750000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 891.72 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish 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 will continue. Current target is 920.745 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 918.750000000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 939.55 |
| 2nd High | 938.65 |
| Next High | 918.750000000 |
| Current Price | 910.890000000 |
| Next Low | 891.72 |
| 2nd Low | 887.88 |
| 3rd Low | 880.8 |
918.750000000 – 938.65 – 939.55 – 891.72 – 899.95 – 910.15 — 51.326029412916 – 51.810150890289 — 66.956800431827 – 84.353018571935 – 51.798435751677 – 69.316667510079
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –