The currency pair Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 654.19 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 622.58 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 676.47 |
| 2nd High | 656.4 |
| Next High | 654.19 |
| Current Price | 646.960000000 |
| Next Low | 622.58 |
| 2nd Low | 615.61 |
| 3rd Low | 615.09 |
639 – 621.81 – 622.84 – 622.58 – 615.61 – 615.09 —
631.690000000 – 640.430000000 —
56.723461943866 – 71.698854715194 —
– —
639 – 1777867200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –