The combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 668.57 is expected.
Caution: A possible counter-trend in the direction of the support level at 650.18 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 700.37 |
| 2nd High | 669.65 |
| Next High | 668.57 |
| Current Price | 653.160000000 |
| Next Low | 650.18 |
| 2nd Low | 570.06 |
| 3rd Low |
668.57 – 669.65 – 642.49 – 650.18 – 570.06 – 686 —
655.790000000 – 652.170000000 —
49.075225534288 – 45.396510114477 —
– —
668.57 – 1770418800