The pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support at 910.42 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 939.99 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘%K fall below 80’ indicator layout is found. The indicator is ‘%K fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 972.2 |
| 2nd High | 949.77 |
| Next High | 939.99 |
| Current Price | 896.300000000 |
| Next Low | 910.42 |
| 2nd Low | 884.4 |
| 3rd Low | 880.8 |
939.99 – 925 – 918.75 – 910.42 – 884.4 – 891.72 — 26.520103476704 – 25.681198426798 — 5.804541503694 – 0 – 25.896104716575 – 9.1020208604954
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – – Double top chart pattern – –