Buy BNB/USDT – 4H – BUY

The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 881.360000000 is likely expected.

Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 900.710000000
Next High 881.360000000
Current Price 862.680000000
Next Low
2nd Low
3rd Low

881.360000000 – 900.710000000 – 864.000000000 – 850.190000000 – 829.590000000 – 818.570000000 — 51.009913852297 – 51.701208034343

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