BNB/USDT – 30M – BUYThe combination Binance Coin/Tether (BNB/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 906.5 is expected.
Caution: A possible trend reversal in the direction of the support level at 868.25 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Bullish Belt Hold’ candle pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 949.77 |
| 2nd High | 941.06 |
| Next High | 906.5 |
| Current Price | 875.590000000 |
| Next Low | 868.25 |
| 2nd Low | 851.72 |
| 3rd Low | 837.47 |
906.5 – 899.8 – 904.86 – 868.25 – 876.46 – 876.15 — 41.694337392439 – 49.592430316744 — 48.344493164233 – 36.901131745653 – 76.502474489025 – 55.469518404243
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –