BNB/USDT – 30M – BUY

The pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance at 781.990000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘Latter Bottom’ candle chart pattern is found. The chart forms ‘Latter Bottom’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

781.990000000 – 742.500000000 – 739.300000000 – 725.100000000 – 727.300000000 – 728.180000000

Trading Signals: FOREX – BNB – BNB/USDT – USDT – Latter Bottom –