The currency pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support level at 910.42 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 939.99 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 972.2 |
| 2nd High | 949.77 |
| Next High | 939.99 |
| Current Price | 932.080000000 |
| Next Low | 910.42 |
| 2nd Low | 884.4 |
| 3rd Low | 880.8 |
939.99 – 925 – 918.75 – 910.42 – 884.4 – 891.72 — 55.734086057889 – 52.033534033675 — 69.819279982577 – 50.504168549143 – 66.534066581508 – 63.707368255235
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –