The currency pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 842.93 will continue.
Caution: A possible change in the direction of the support zone at 813.77 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The candles form ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 842.93 |
| Current Price | 829.890000000 |
| Next Low | 813.77 |
| 2nd Low | 790.79 |
| 3rd Low | 765 |
842.93 – 836.36 – 883.61 – 813.77 – 813.85 – 790.79 — 51.485272583012 – 53.584183286425 — 57.106758966293 – 41.165246870901 – 78.575468758787 – 59.776517101891
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –