BNB/USDT – 1H – BUY

The currency pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline up.

The bullish trend up to the next resistance level at 552.830000000 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 540 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 546.49276 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 552.830000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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

552.830000000 – 563.16 – 567.04 – 540 – 543.68 – 546.17 —
552.830000000 – 545.730000000 —
56.46750489944 – 34.730823925415 —
552.830000000 – 1782874800 —
– 1782874800

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