The currency pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 781.990000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candle pattern is detected. The chart shows ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 781.990000000 |
| Current Price | 766.310000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
781.990000000 – 742.500000000 – 739.300000000 – 725.100000000 – 727.300000000 – 728.180000000 — 48.150879861254 – 53.955149961029
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – –