Buy BNB/USDT – 4H – BUY

The pair Binance Coin/Tether (BNB/USDT) moves from the descending trendline up.

A bullish movement upwards to the next resistance level at 659.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 625.440000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 697.730000000
2nd High 674.140000000
Next High 659.000000000
Current Price 620.790000000
Next Low 625.440000000
2nd Low 583.550000000
3rd Low 580.320000000

659.000000000 – 674.140000000 – 673.430000000 – 639.000000000 – 625.440000000 – 645.040000000

Trading Signals:

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