BNB/USDT – 1H – BUYThe combination Binance Coin/Tether (BNB/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 920.27 will persist.
Caution: A possible counter-trend in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 928.24 |
| 2nd High | 923.93 |
| Next High | 920.27 |
| Current Price | 902.140000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
920.27 – 923.93 – 916.55 – 891.66 – 902.96 – 890.59 — 43.994611167317 – 47.401401428483 — 32.928087825733 – 55.049531321889 – 17.687170025159 – 33.966449461594
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –