BNB/USDT – 30M – SELLThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 840.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 856.680000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 878.000000000 |
| 2nd High | 869.150000000 |
| Next High | 856.680000000 |
| Current Price | 846.000000000 |
| Next Low | 840.000000000 |
| 2nd Low | 839.000000000 |
| 3rd Low | 829.590000000 |
856.680000000 – 869.150000000 – 867.700000000 – 840.000000000 – 849.370000000 – 857.000000000 — 43.332701106812 – 41.866117569045
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –