The combination Binance Coin/Tether (BNB/USDT) moves from the bearish trendline upwards
An ascending movement up to the next resistance at 653 is certain.
Caution: A possible trend reversal in the direction of support at 633.81 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ” indicator signal is existing. The indicator shows ”. which is often a bullish chart signal. The pair is likely to go up.
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And also a ‘StochRSI %K crosses above 0.2’ indicator signal is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The pair is likely to go up.
And also a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 669.65 |
| 2nd High | 668.57 |
| Next High | 653 |
| Current Price | 622.010000000 |
| Next Low | 633.81 |
| 2nd Low | 632.3 |
| 3rd Low | 570.06 |
653 – 650.84 – 668.57 – 633.81 – 632.3 – 637.61 —
636.210000000 – 626.660000000 —
40.073296640921 – 23.352868572198 —
– —
653 – 1770591600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –