The pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 634.8 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish 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 White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 634.8 |
| Current Price | 632.210000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
634.8 – 631.86 – 783.57 – 596 – 587.14 – 570.06 —
594.280000000 – 605.430000000 —
29.560680793139 – 49.398246927519 —
– —
634.8 – 1771675200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –