BNB/USDT – 30M – BUY

The currency pair Binance Coin/Tether (BNB/USDT) goes from the descending trendline up.

A bullish movement up to the next resistance line at 665.42 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 614.34 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 625.42948 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 665.42 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

665.42 – 666.16 – 638.92 – 614.34 – 625.42 – 646.14 —
621.000000000 – 619.850000000 —
50.142414963734 – 36.52827145189 —
– —
665.42 – 1772706600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –