The currency pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 607.86 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 679 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ” indicator layout is detected. The indicator shows ”. which is often a bearish chart scenario. The pair is likely to go down.
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Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘StochRSI Hidden Bearish Divergence’ indicator layout is detected. The indicator shows ‘StochRSI Hidden Bearish Divergence’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 909.43 |
| 2nd High | 783.57 |
| Next High | 679 |
| Current Price | 675.490000000 |
| Next Low | 607.86 |
| 2nd Low | 588.64 |
| 3rd Low | 577.06 |
679 – 666.16 – 652.87 – 607.86 – 588.64 – 577.06 —
658.000000000 – 685.930000000 —
57.968317277995 – 74.07691761858 —
– —
679 – 1773403200