The pair Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 666.16 is considered certain.
Caution: A possible change in the direction of the support line at 607.86 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 666.16 |
| Current Price | 653.150000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 577.06 |
666.16 – 652.87 – 640.55 – 607.86 – 588.64 – 577.06 —
630.400000000 – 644.370000000 —
49.151664806805 – 53.771445781402 —
– —
666.16 – 1772640000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –