BNB/USDT – 1H – BUY

The currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards

The bullish trend up to the next resistance level at 621.81 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency 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%.

621.81 – 622.84 – 621.29 – 613.79 – 610.26 – 619 —
618.490000000 – 618.350000000 —
50.248814005704 – 48.809239863426 —
– —
621.81 – 1777755600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –