BNB/USDT – 4H – BUYThe pair Binance Coin/Tether (BNB/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 885.850000000 is certain.
Caution: A possible change in the direction of the support level at 841.100000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 900.710000000 |
| Next High | 885.850000000 |
| Current Price | 896.720000000 |
| Next Low | 841.100000000 |
| 2nd Low | 840.000000000 |
| 3rd Low | 829.590000000 |
885.850000000 – 864.060000000 – 869.150000000 – 841.100000000 – 840.000000000 – 850.190000000 — 67.99569599104 – 69.508878768106
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –