Buy BNB/USDT – 1H – BUY

Furthermore a ‘Double top retreat up’ chart formation is existing. The formation shows ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to go up.

The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.

A bullish movement up to the next resistance at 783.57 is certain.

Caution: A possible counter-trend in the direction of the support zone at 728.44 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 906.67
2nd High 862.09
Next High 783.57
Current Price 771.490000000
Next Low 728.44
2nd Low 725.1
3rd Low 718.73

783.57 – 781.58 – 770.61 – 762.7 – 728.44 – 750 —
770.860000000 – 753.130000000 —
47.234389976401 – 31.682132012076 —
– —
783.57 – 1770102000

Trading Signals:

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