The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 635 will continue.
Caution: A possible trend reversal in the direction of support at 627.81 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 639.81 |
| 2nd High | 639 |
| Next High | 635 |
| Current Price | 635.170000000 |
| Next Low | 627.81 |
| 2nd Low | 622.58 |
| 3rd Low | 615.61 |
635 – 634 – 639 – 627.81 – 622.58 – 623.48 —
632.310000000 – 634.600000000 —
48.542703306153 – 61.290567439055 —
– —
635 – 1778014800