BNB/USDT – 1H – BUYFurthermore a ‘Falling Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 667.970000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 657.260000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. 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 | 671.760000000 |
| 2nd High | 670.920000000 |
| Next High | 667.970000000 |
| Current Price | 670.040000000 |
| Next Low | 657.260000000 |
| 2nd Low | 648.010000000 |
| 3rd Low | 646.490000000 |
667.970000000 – 656.390000000 – 653.810000000 – 657.260000000 – 648.010000000 – 646.490000000
Trading Signals: FOREX – BNB – BNB/USDT – USDT – Three White Soldiers