The currency pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline upwards
An ascending movement upwards to the next resistance at 577 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 562.37 could occur.
Consider stop-loss settings accordingly.
And also a ” indicator layout is discovered. The indicator shows ”. which could be a positive signal. The currency pair could go up.
!
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
And also a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a bearish pattern 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’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 585.87 |
| 2nd High | 581.21 |
| Next High | 577 |
| Current Price | 565.270000000 |
| Next Low | 562.37 |
| 2nd Low | 560.4 |
| 3rd Low | 556.16 |
577 – 581.21 – 585.87 – 574.28 – 574.57 – 577.85 —
572.740000000 – 566.010000000 —
41.017540946965 – 28.135417365167 —
– —
577 – 1784239200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –