The currency pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at will continue.
Caution: A possible counter-trend in the direction of the support level at 837.560000000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 864.050000000 |
| Next Low | 837.560000000 |
| 2nd Low | 828.230000000 |
| 3rd Low | 797.730000000 |
858.890000000 – 839.900000000 – 815.000000000 – 837.560000000 – 828.230000000 – 797.730000000 — 59.310362885352 – 64.472092645853
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – Triple bottom chart pattern – –