BNB/USDT – 4H – BUYThe combination Binance Coin/Tether (BNB/USDT) moves from the bearish trendline up.
An ascending movement up to the next resistance line at 659.000000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 625.440000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going 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