BNB/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance line at 650.84 is expected.

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

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Bullish Engulfing’ candle chart pattern is existing. The chart forms ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ going up is 63%.

650.84 – 668.57 – 669.65 – 632.3 – 637.61 – 640.07 —
646.470000000 – 643.200000000 —
49.482772927686 – 44.336267288704 —
– —
650.84 – 1770539400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Engulfing – – –