BNB/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance at 653.49 is considered certain.

Caution: A possible change in the direction of support at 633.68 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency 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%.

653.49 – 664.26 – 639 – 633.68 – 641.64 – 622.58 —
638.530000000 – 638.220000000 —
39.44205451958 – 42.596754379141 —
– —
653.49 – 1778137200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –