Buy BNB/USDT – 30M – BUY

The pair Binance Coin/Tether (BNB/USDT) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance at 630 is expected.

Caution: A possible counter-trend in the direction of support at 602.79 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bearish SBS White Lines’ candle chart pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 729.57
2nd High 701.73
Next High 630
Current Price 616.130000000
Next Low 602.79
2nd Low 599.33
3rd Low 596.58

613.03 – 612.33 – 611.08 – 602.79 – 608 – 606.69 —
617.990000000 – 617.120000000 —
61.439094759127 – 53.591255151318 —
– —
613.03 – 1781431200

Trading Signals:

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