BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 959.52 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 943.81 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 978.61 |
| 2nd High | 972.2 |
| Next High | 959.52 |
| Current Price | 950.130000000 |
| Next Low | 943.81 |
| 2nd Low | 943.14 |
| 3rd Low | 935.5 |
959.52 – 940.03 – 938.56 – 943.81 – 943.14 – 935.5 — 51.399148857346 – 60.450808140878 — 57.535414040811 – 64.920709058962 – 58.960180308303 – 59.896659499063