BNB/USDT – 1H – SELLThe combination Binance Coin/Tether (BNB/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 885.28 will continue.
Caution: A possible change in the direction of resistance at 915.91 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 923.93 |
| 2nd High | 920.27 |
| Next High | 915.91 |
| Current Price | 912.750000000 |
| Next Low | 885.28 |
| 2nd Low | 856.14 |
| 3rd Low | 846 |
915.91 – 910.22 – 905 – 885.28 – 891.66 – 902.96 — 57.28631534817 – 56.098707113295 — 72.283759576648 – 65.567390072607 – 73.489896169737 – 71.955629009103
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –