The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 938.56 is expected.
Caution: A possible trend reversal in the direction of the support line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
And also a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. 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 | 949.85 |
| 2nd High | 945.71 |
| Next High | 938.56 |
| Current Price | 937.860000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
938.56 – 945.71 – 949.85 – 924.05 – 929.05 – 928.5 — 53.837262931534 – 58.150200254433 — 77.725866531978 – 94.176820927247 – 63.764547425132 – 78.252695526513
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –