The currency pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 667.970000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 648.010000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘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 | 670.990000000 |
| 2nd High | 670.920000000 |
| Next High | 667.970000000 |
| Current Price | 667.320000000 |
| Next Low | 648.010000000 |
| 2nd Low | 646.490000000 |
| 3rd Low | 639.690000000 |
667.970000000 – 656.390000000 – 650.620000000 – 648.010000000 – 646.490000000 – 648.600000000
Trading Signals: FOREX – BNB – BNB/USDT – USDT – Three White Soldiers