Buy BNB/USDT – 30M – BUY

The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance line at 858.940000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 825.000000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Bearish Harami Cross’ candlestick chart pattern is existing. The chart shows ‘Bearish Harami Cross’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High 869.400000000
2nd High 864.000000000
Next High 858.940000000
Current Price 850.600000000
Next Low 825.000000000
2nd Low 812.570000000
3rd Low 797.730000000

858.940000000 – 864.000000000 – 837.000000000 – 825.000000000 – 848.460000000 – 825.700000000 — 63.568545450427 – 63.709672524502

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