BNB/USDT – 30M – BUYThe pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 854.49 is considered certain.
Caution: A possible change in the direction of the support line at 836.62 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 854.49 |
| Current Price | 848.000000000 |
| Next Low | 836.62 |
| 2nd Low | 813.77 |
| 3rd Low | 790.79 |
854.49 – 842.93 – 836.36 – 836.62 – 813.77 – 813.85 — 54.813482822743 – 56.145591305715 — 18.877055693753 – 24.472084024323 – 16.468856527547 – 17.775330523309
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –