The combination Binance Coin/Tether (BNB/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support at 890.59 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 916.550000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Southern Doji’ chart pattern is discovered. The candles form ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 916.550000000 |
| Current Price | 908.870000000 |
| Next Low | 890.59 |
| 2nd Low | 865.26 |
| 3rd Low | 859.64 |
916.550000000 – 909 – 906.91 – 890.59 – 865.26 – 859.64 — 52.100061790398 – 51.533572634965 — 19.910937715513 – 7.513152450198 – 35.087650161245 – 21.585781560954
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Southern Doji – – –