BNB/USDT – 4H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 640.55 will continue.
Caution: A possible reversal of the trend in the direction of support at could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 640.55 |
| Current Price | 624.410000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
640.55 – 634.8 – 631.86 – 588.64 – 577.06 – 596 —
605.750000000 – 629.600000000 —
43.622090755559 – 52.309862872362 —
– —
640.55 – 1772049600