BNB/USDT – 1H – BUY

The currency pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards

An ascending movement up to the next resistance line at 624.8 is certain.

Caution: A possible counter-trend in the direction of support at 592.49 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

624.8 – 620.87 – 644.07 – 592.49 – 600.6 – 587.14 —
613.570000000 – 619.370000000 —
49.433364845735 – 56.850007724111 —
– —
624.8 – 1771030800

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –