The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support line at 857.000000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 878.000000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Collapsing Doji Star’ candle chart pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 883.460000000 |
| 2nd High | 881.360000000 |
| Next High | 878.000000000 |
| Current Price | 864.680000000 |
| Next Low | 857.000000000 |
| 2nd Low | 851.610000000 |
| 3rd Low | 850.190000000 |
864.500000000 – 862.360000000 – 864.000000000 – 857.000000000 – 851.610000000 – 852.270000000 — 69.304539270318 – 63.408192278023
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Collapsing Doji Star – – –