The currency pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 621.81 is certain.
Caution: A possible trend reversal in the direction of the support level at 614.71 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The candles show ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 629.61 |
| 2nd High | 622.84 |
| Next High | 621.81 |
| Current Price | 615.920000000 |
| Next Low | 614.71 |
| 2nd Low | 614.15 |
| 3rd Low | 613.79 |
621.81 – 619.38 – 622.84 – 614.71 – 614.15 – 613.79 —
619.780000000 – 616.230000000 —
63.581203391596 – 33.996356445672 —
– —
621.81 – 1777757400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –