BNB/USDT – 30M – BUYNext a ‘Double top retreat up’ chart formation is detected. The formation shows ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to rise.
The pair Binance Coin/Tether (BNB/USDT) jumps from the descending trendline up.
An ascending movement up to the next resistance at 614.8 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 601.3 could happen.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 626.57 |
| 2nd High | 623.17 |
| Next High | 614.8 |
| Current Price | 602.170000000 |
| Next Low | 601.3 |
| 2nd Low | 595.38 |
| 3rd Low | 592.49 |
614.8 – 623.17 – 626.57 – 601.3 – 613.33 – 609.3 —
607.770000000 – 603.540000000 —
45.870086502679 – 30.927905923237 —
– —
614.8 – 1771480800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – – Double top retreat up – –