The combination Binance Coin/Tether (BNB/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 679 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 607.86 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 679 |
| Current Price | 680.470000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 577.06 |
679 – 666.16 – 652.87 – 607.86 – 588.64 – 577.06 —
654.980000000 – 663.200000000 —
53.918254282465 – 59.556612074052 —
– —
679 – 1773403200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –