BNB/USDT – 30M – SELLThe combination Binance Coin/Tether (BNB/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 648.010000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 670.920000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 671.760000000 |
| 2nd High | 670.990000000 |
| Next High | 670.920000000 |
| Current Price | 664.500000000 |
| Next Low | 648.010000000 |
| 2nd Low | 646.490000000 |
| 3rd Low | 639.690000000 |
656.390000000 – 650.620000000 – 653.810000000 – 648.010000000 – 646.490000000 – 648.600000000