The pair Binance Coin/Tether (BNB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 665.42 is likely expected.
Caution: A possible change in the direction of the support level at 641.63 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 669.65 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 660.840000000 |
| Next Low | 641.63 |
| 2nd Low | 635.02 |
| 3rd Low | 607.86 |
657.7 – 656.29 – 624.27 – 641.63 – 635.02 – 607.86 —
652.350000000 – 661.900000000 —
55.429538525842 – 63.577205571893 —
– —
657.7 – 1773316800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –