The pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline down.
A bearish trend down to the next support at 910.42 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 939.99 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 972.2 |
| 2nd High | 949.77 |
| Next High | 939.99 |
| Current Price | 932.080000000 |
| Next Low | 910.42 |
| 2nd Low | 884.4 |
| 3rd Low | 880.8 |
939.99 – 925 – 918.75 – 910.42 – 884.4 – 891.72 — 55.734086057889 – 52.033534033675 — 69.819279982577 – 50.504168549143 – 66.534066581508 – 63.707368255235
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –