BNB/USDT – 30M – BUYThe combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 855.46 is certain.
Caution: A possible change in the direction of the support level at 843.15 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 855.46 |
| Current Price | 849.510000000 |
| Next Low | 843.15 |
| 2nd Low | 836.62 |
| 3rd Low | 813.77 |
855.46 – 853.2 – 854.49 – 843.15 – 836.62 – 813.77 — 54.576509050887 – 54.61831608127 — 62.404690866899 – 62.024490303332 – 51.051163047682 – 58.834051605061
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –