Also there is a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Bearish Belt Hold’ chart pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 869.400000000 |
| Current Price | 833.600000000 |
| Next Low | 820.600000000 |
| 2nd Low | 797.730000000 |
| 3rd Low | 797.560000000 |
869.400000000 – 858.890000000 – 839.900000000 – 820.600000000 – 837.560000000 – 828.230000000 — 43.673597686627 – 38.852145392188
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Belt Hold – Double top chart pattern – –