Buy BNB/USDT – 1H – BUY

The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance level at 656.290000000 will persist.

Caution: A possible counter-trend in the direction of the support line at 635.02 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 666.16
2nd High 665.42
Next High 656.290000000
Current Price 645.850000000
Next Low 635.02
2nd Low 607.86
3rd Low 588.64

656.290000000 – 624.27 – 665.42 – 635.02 – 607.86 – 626.2 —
656.290000000 – 645.030000000 —
62.414365241314 – 48.170961441837 —
656.290000000 – 1773266400 —
– 1773266400

Trading Signals:

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