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