The pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support level at 605.25 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 633.65 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ” indicator layout is found. The indicator is ”. which is often a bearish signal. The currency pair could go down.
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Also there is a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 642 |
| 2nd High | 640.55 |
| Next High | 633.65 |
| Current Price | 602.700000000 |
| Next Low | 605.25 |
| 2nd Low | 581.51 |
| 3rd Low | 577.06 |
633.65 – 640.55 – 602.31 – 605.25 – 606.68 – 614.2 —
613.610000000 – 613.330000000 —
46.465895445506 – 45.819403675032 —
– —
633.65 – 1772170200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –