The combination Binance Coin/Tether (BNB/USDT) goes from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 858.4 is expected.
Caution: A possible change in the direction of the support zone at 813.77 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 848.84918 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 858.4 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 858.4 |
| Current Price | 841.700000000 |
| Next Low | 813.77 |
| 2nd Low | 790.79 |
| 3rd Low | 765 |
858.4 – 855.46 – 853.2 – 836.08 – 843.15 – 836.62 — 42.961912538276 – 47.456266588904 — 14.541446397783 – 26.690593951066 – 14.87608872084 – 18.758483410406