The pair Binance Coin/Tether (BNB/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 650.180000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 668.57 should be noted.
Consider stop-loss settings accordingly.
Then a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bearish Divergence’. chart signal.
Then a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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 | 700.37 |
| 2nd High | 669.65 |
| Next High | 668.57 |
| Current Price | 654.380000000 |
| Next Low | 650.180000000 |
| 2nd Low | 570.06 |
| 3rd Low |
668.57 – 669.65 – 642.49 – 650.180000000 – 570.06 – 686 —
653.960000000 – 660.820000000 —
49.265035274447 – 52.410144909297 —
650.180000000 – 1770426000 —
668.57 – 1770418800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –