The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 906.5 is expected.
Caution: A possible change in the direction of the support level at 876.46 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Bearish SBS White Lines’ chart pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 949.77 |
| 2nd High | 941.06 |
| Next High | 906.5 |
| Current Price | 877.450000000 |
| Next Low | 876.46 |
| 2nd Low | 876.15 |
| 3rd Low | 851.72 |
906.5 – 899.8 – 904.86 – 876.46 – 876.15 – 881.6 — 34.781966741863 – 35.929445208501 — 20.486036299122 – 23.250328436642 – 22.31896963957 – 20.316657910814
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –