BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 842.93 is likely expected.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 883.61 |
| Next High | 842.93 |
| Current Price | 841.380000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
842.93 – 836.36 – 883.61 – 813.77 – 813.85 – 790.79 — 52.707178560844 – 52.989463256123 — 8.3588130160559 – 17.128255121786 – 11.595462047247 – 9.8500536267265
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –