BNB/USDT – 30M – BUYThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 621.29 is certain.
Caution: A possible reversal of the trend in the direction of support at 614.79 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 639.81 |
| 2nd High | 629.61 |
| Next High | 621.29 |
| Current Price | 617.400000000 |
| Next Low | 614.79 |
| 2nd Low | 613.58 |
| 3rd Low | 613.47 |
621.29 – 618.84 – 618.75 – 614.79 – 613.58 – 613.47 —
618.370000000 – 617.520000000 —
53.156910851759 – 47.690839726078 —
– —
621.29 – 1777604400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –