BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 630 is expected.
Caution: A possible trend reversal in the direction of the support zone at 602.79 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 729.57 |
| 2nd High | 701.73 |
| Next High | 630 |
| Current Price | 630.720000000 |
| Next Low | 602.79 |
| 2nd Low | 599.33 |
| 3rd Low | 596.58 |
619 – 613.03 – 612.33 – 602.79 – 608 – 606.69 —
617.150000000 – 621.330000000 —
55.379035058568 – 64.783078187377 —
– —
619 – 1781503200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –