Buy BNB/USDT – 4H – BUY

The currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 639 will persist.

Caution: A possible reversal of the trend in the direction of support at 610.26 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 654.19
2nd High 639.81
Next High 639
Current Price 645.510000000
Next Low 610.26
2nd Low 589.1
3rd Low 580.33

639 – 622.84 – 629.61 – 610.26 – 618.38 – 615 —
625.910000000 – 636.010000000 —
52.964290894568 – 68.392582902582 —
– —
639 – 1777867200

Trading Signals:

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