BNB/USDT – 1H – BUY

The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 669.65 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 632.3 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

669.65 – 783.57 – 781.58 – 632.3 – 640.07 – 570.06 —
649.990000000 – 643.440000000 —
50.988317546773 – 41.917258800702 —
– —
669.65 – 1770397200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –