BNB/USDT – 30M – BUY

The currency pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 621.81 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 614.71 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 618.315 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 621.81 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive signal. 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).

621.81 – 619.38 – 622.84 – 614.71 – 614.15 – 613.79 —
617.770000000 – 616.290000000 —
38.291612217393 – 38.448282308454 —
– —
621.81 – 1777757400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –