The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 842.93 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 813.77 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 842.93 |
| Current Price | 825.240000000 |
| Next Low | 813.77 |
| 2nd Low | 790.79 |
| 3rd Low | 765 |
842.93 – 836.36 – 883.61 – 813.77 – 813.85 – 790.79 — 49.034805097901 – 50.320139248481 — 46.681120381928 – 65.276044061932 – 41.425953908708 – 49.486455116834
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –