BNB/USDT – 1H – BUY

The combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance level at 626.57 is expected.

Caution: A possible trend reversal in the direction of the support level at 601.3 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

626.57 – 631.86 – 631.24 – 601.3 – 609.3 – 604.49 —
606.070000000 – 610.560000000 —
35.807473488715 – 46.3911248777 —
– —
626.57 – 1771401600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bullish Belt Hold – – –