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
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – Double top retreat up – –