BNB/USDT – 4H – BUY

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

A continuation of the uptrend up to the next resistance line at 664.26 is likely expected.

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

Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 664.26 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 664.26 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

664.26 – 639 – 622.84 – 610.26 – 618.38 – 615 —
651.000000000 – 649.500000000 —
56.893886960719 – 60.447714862514 —
– —
664.26 – 1778068800

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