BNB/USDT – 4H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the descending trendline up.
The bullish trend upwards to the next resistance at 659.000000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 625.440000000 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The 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’ 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