BNB/USDT – 4H – BUYThe pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 869.400000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 812.570000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 869.400000000 |
| Current Price | 849.280000000 |
| Next Low | 812.570000000 |
| 2nd Low | 792.000000000 |
| 3rd Low | 745.110000000 |
869.400000000 – 770.000000000 – 861.100000000 – 812.570000000 – 792.000000000 – 745.110000000 — 57.188485223718 – 59.506608281004
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –