BNB/USDT – 1H – BUY

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 616.115 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 632.9 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

632.9 – 613.03 – 612.33 – 601.33 – 611.1 – 602.79 —
608.930000000 – 605.710000000 —
42.15818002769 – 38.610580937228 —
– —
632.9 – 1781528400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –