The currency pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 675.3 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 783.57 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 959.52 |
| 2nd High | 909.43 |
| Next High | 783.57 |
| Current Price | 697.270000000 |
| Next Low | 675.3 |
| 2nd Low | 650.21 |
| 3rd Low | 643.71 |
783.57 – 909.43 – 904.99 – 728.44 – 868.68 – 864.54 —
782.700000000 – 752.420000000 —
37.905130224171 – 30.930624578756 —
– —
783.57 – 1770091200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –