The pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 657.7 is expected.
Caution: A possible counter-trend in the direction of support at 645.64 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 666.16 |
| 2nd High | 665.42 |
| Next High | 657.7 |
| Current Price | 651.030000000 |
| Next Low | 645.64 |
| 2nd Low | 641.63 |
| 3rd Low | 635.02 |
657.7 – 656.29 – 655.73 – 645.64 – 641.63 – 635.02 —
652.420000000 – 649.850000000 —
54.714000454822 – 45.294414645532 —
– —
657.7 – 1773318600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –