The combination Binance Coin/Tether (BNB/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 665.42 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 677.52 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 687.82 |
| 2nd High | 685.68 |
| Next High | 677.52 |
| Current Price | 670.630000000 |
| Next Low | 665.42 |
| 2nd Low | 663.77 |
| 3rd Low | 650.49 |
677.52 – 685.68 – 682.95 – 665.42 – 668.2 – 663.77 —
668.860000000 – 673.450000000 —
43.362156658588 – 55.677412533362 —
– —
677.52 – 1778718600