BNB/USDT – 30M – SELLThe currency pair Binance Coin/Tether (BNB/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 609.3 is expected.
Caution: A possible change in the direction of resistance at 626.08 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart shows ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 642 |
| 2nd High | 631.86 |
| Next High | 626.08 |
| Current Price | 617.600000000 |
| Next Low | 609.3 |
| 2nd Low | 604.49 |
| 3rd Low | 595.38 |
626.08 – 631.86 – 631.24 – 609.3 – 604.49 – 610.4 —
618.290000000 – 618.960000000 —
47.176926567023 – 52.749548470665 —
– —
626.08 – 1771336800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Collapsing Doji Star – – –