BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 886.79 will continue.
Caution: A possible counter-trend in the direction of resistance at 916.13 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Collapsing Doji Star’ candlestick pattern is discovered. The candles form ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 928.24 |
| Next High | 916.13 |
| Current Price | 902.440000000 |
| Next Low | 886.79 |
| 2nd Low | 820.46 |
| 3rd Low | 801.7 |
916.13 – 928.24 – 910.57 – 886.79 – 906.3 – 887.79 — 52.13668502491 – 48.355135556127 — 97.181513440758 – 86.637096975659 – 97.410574487452 – 93.904902180296
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –