The pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 583.29 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 571 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 612.5 |
| 2nd High | 604.31 |
| Next High | 583.29 |
| Current Price | 580.600000000 |
| Next Low | 571 |
| 2nd Low | 570.82 |
| 3rd Low | 570.61 |
583.29 – 604.31 – 612.5 – 571 – 570.82 – 573 —
581.000000000 – 580.900000000 —
58.000991315877 – 52.114151432935 —
– —
583.29 – 1781838000