The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 664.550000000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 664.850000000 |
| 2nd High | 664.570000000 |
| Next High | 664.550000000 |
| Current Price | 687.930000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
664.550000000 – 662.000000000 – 662.600000000 – 657.360000000 – 657.500000000 – 656.770000000
Trading Signals: FOREX – BNB – BNB/USDT – USDT – Northern Doji – Double bottom chart pattern