BNB/USDT – 1H – BUYAnd also a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture forms ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.
The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 899.75 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 801.7 could occur.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 906.5 |
| Next High | 899.75 |
| Current Price | 901.800000000 |
| Next Low | 801.7 |
| 2nd Low | 790.79 |
| 3rd Low | 765 |
899.75 – 906.5 – 899.8 – 801.7 – 868.25 – 876.15 — 78.136973943019 – 80.775346174925 — 61.233695714851 – 71.720700956095 – 58.584009430324 – 63.342726934195
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –