The pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 862.09 is expected.
Caution: A possible counter-trend in the direction of the support line at 831.83 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
There is also a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 906.67 |
| 2nd High | 869.77 |
| Next High | 862.09 |
| Current Price | 855.280000000 |
| Next Low | 831.83 |
| 2nd Low | 821.21 |
| 3rd Low | 818.39 |
862.09 – 869.77 – 906.67 – 831.83 – 833.08 – 835.55 —
860.070000000 – 854.700000000 —
58.237815898963 – 48.639150175031 —
– —
862.09000 – 1769805000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –