The currency pair Binance Coin/Tether (BNB/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 654.310000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 659.420000000 |
| 2nd High | 659.000000000 |
| Next High | 654.310000000 |
| Current Price | 649.940000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
654.310000000 – 659.000000000 – 655.470000000 – 640.110000000 – 639.000000000 – 650.120000000