The pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 665.42 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 607.86 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 668.57 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 644.820000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 581.51 |
643 – 620.11 – 624.27 – 607.86 – 611.82 – 614.34 —
639.550000000 – 639.640000000 —
54.093761278043 – 58.179481359001 —
– —
643 – 1773084600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –