BNB/USDT – 1H – BUYThe currency pair Binance Coin/Tether (BNB/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 598.52 is expected.
Caution: A possible trend reversal in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 610.54 |
| 2nd High | 610.44 |
| Next High | 598.52 |
| Current Price | 596.430000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
598.52 – 610.44 – 610.54 – 580.68 – 583.84 – 593.1 —
590.800000000 – 594.200000000 —
47.795390513091 – 55.633449578288 —
– —
598.52 – 1781103600