BNB/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 640.55 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 633.65 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 642 |
| 2nd High | 640.55 |
| Next High | 633.65 |
| Current Price | 630.140000000 |
| Next Low | 588.64 |
| 2nd Low | 581.51 |
| 3rd Low | 577.06 |
615.6 – 633.65 – 640.55 – 588.64 – 605.25 – 606.68 —
618.090000000 – 629.980000000 —
64.406254417386 – 68.263362610076 —
– —
615.6 – 1772247600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –