BNB/USDT – 1H – BUY

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

An ascent upwards to the next resistance level at 669.65 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 632.3 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

669.65 – 783.57 – 781.58 – 632.3 – 640.07 – 570.06 —
641.770000000 – 631.250000000 —
42.036040323635 – 38.904063255803 —
– —
669.65 – 1770397200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – Double top retreat up – –