BNB/USDT – 30M – BUY

The combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 649.990000000 is expected.

Caution: A possible trend reversal in the direction of support at 639.690000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 661.2423 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 649.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The 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%.

649.990000000 – 651.510000000 – 670.920000000 – 639.690000000 – 625.440000000 – 661.920000000

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