BNB/USDT – 1H – BUYThe combination Binance Coin/Tether (BNB/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 923.93 will continue.
Caution: A possible change in the direction of support at 891.66 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 928.24 |
| Next High | 923.93 |
| Current Price | 918.820000000 |
| Next Low | 891.66 |
| 2nd Low | 890.59 |
| 3rd Low | 856.14 |
923.93 – 916.55 – 906.91 – 891.66 – 902.96 – 890.59 — 55.112449389144 – 59.418264330071 — 70.960382437441 – 86.809559622295 – 59.678133570496 – 72.079618791041
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –