Buy BNB/USDT – 4H – BUY

The combination Binance Coin/Tether (BNB/USDT) breaks through the descending trendline up.

An ascent up to the next resistance level at 664.26 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 610.26 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

And also a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 783.57
2nd High 687.82
Next High 664.26
Current Price 647.700000000
Next Low 610.26
2nd Low 589.1
3rd Low 580.33

664.26 – 639 – 622.84 – 610.26 – 618.38 – 615 —
653.490000000 – 641.560000000 —
68.691194751746 – 54.363966596441 —
– —
664.26 – 1778068800

Trading Signals:

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