BNB/USDT – 30M – BUYIn addition a ‘Double bottom chart pattern’ chart formation is detected. The chart shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 862.360000000 will persist.
Caution: A possible reversal of the trend in the direction of support at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ chart pattern is existing. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 865.320000000 |
| 2nd High | 864.000000000 |
| Next High | 862.360000000 |
| Current Price | 863.350000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
862.360000000 – 864.000000000 – 865.320000000 – 851.610000000 – 852.270000000 – 850.190000000 — 53.103398226359 – 61.209788221691
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –