BNB/USDT – 1H – BUYThe combination Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 906.91 is expected.
Caution: A possible trend reversal in the direction of the support level at 890.59 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘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 probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 916.13 |
| 2nd High | 913.29 |
| Next High | 906.91 |
| Current Price | 912.230000000 |
| Next Low | 890.59 |
| 2nd Low | 856.14 |
| 3rd Low | 846 |
906.91 – 874.51 – 877.29 – 890.59 – 856.14 – 857.88 — 66.122624445987 – 67.246268633647 — 77.409946099457 – 89.023121775133 – 68.122196747867 – 77.101992165833
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –