BNB/USDT – 30M – BUY

The pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 633.65 is expected.

Caution: A possible counter-trend in the direction of support at 606.68 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 627.91544 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 633.65 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘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).

633.65 – 640.55 – 602.31 – 606.68 – 614.2 – 624.33 —
612.900000000 – 611.900000000 —
36.478917349402 – 37.771792248559 —
– —
633.65 – 1772170200

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