The pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support level at 656.83 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 687.82 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 765.33 |
| 2nd High | 700.37 |
| Next High | 687.82 |
| Current Price | 665.550000000 |
| Next Low | 656.83 |
| 2nd Low | 650.11 |
| 3rd Low | 645.64 |
687.82 – 679 – 666.55 – 656.83 – 650.11 – 652.52 —
681.060000000 – 668.730000000 —
55.23607793093 – 37.564693452912 —
– —
687.82 – 1773635400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –