The combination Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 665.42 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 641.63 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 669.65 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 674.540000000 |
| Next Low | 641.63 |
| 2nd Low | 635.02 |
| 3rd Low | 607.86 |
657.7 – 656.29 – 624.27 – 641.63 – 635.02 – 607.86 —
661.900000000 – 668.210000000 —
63.57720633792 – 70.338114214893 —
– —
657.7 – 1773316800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –