The pair Binance Coin/Tether (BNB/USDT) goes from the bearish trendline upwards
A bullish ascent up to the next resistance line at 602.31 is certain.
Caution: A possible counter-trend in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 745.74 |
| 2nd High | 632.9 |
| Next High | 602.31 |
| Current Price | 565.300000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
602.31 – 632.9 – 613.39 – 570.82 – 580.68 – 570.61 —
572.720000000 – 569.960000000 —
42.88727035986 – 40.636343844618 —
– —
602.31 – 1782129600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –