The pair Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 630 will persist.
Caution: A possible trend reversal in the direction of support at 602.79 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 729.57 |
| 2nd High | 701.73 |
| Next High | 630 |
| Current Price | 617.830000000 |
| Next Low | 602.79 |
| 2nd Low | 599.33 |
| 3rd Low | 596.58 |
613.03 – 612.33 – 611.08 – 602.79 – 608 – 606.69 —
616.500000000 – 616.100000000 —
68.84636306539 – 62.323568295896 —
– —
613.03 – 1781431200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –