BNB/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance level at 607.33 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 596.03 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 607.33 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 607.33 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘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 chance of ‘Three White Soldiers’ heading up is 82%.

607.33 – 603.77 – 598.52 – 596.03 – 582.1 – 580.68 —
603.350000000 – 601.410000000 —
49.524064990538 – 43.87862746997 —
– —
607.33 – 1781200800

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