BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 585.3 is considered certain.
Caution: A possible change in the direction of the support level at 576.63 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 592.1 |
| 2nd High | 587.16 |
| Next High | 585.3 |
| Current Price | 581.090000000 |
| Next Low | 576.63 |
| 2nd Low | 575.8 |
| 3rd Low | 562.37 |
585.3 – 582.28 – 583.17 – 576.63 – 575.8 – 562.37 —
579.990000000 – 581.320000000 —
49.294396534074 – 53.688482564841 —
– —
585.3 – 1784122200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –