BNB/USDT – 30M – SELLThe currency pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
A descending movement down to the next support level at 889.25 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 897.25 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K fall below 80’ indicator layout is detected. The indicator is ‘%K fall below 80’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 949.77 |
| 2nd High | 941.06 |
| Next High | 897.25 |
| Current Price | 891.990000000 |
| Next Low | 889.25 |
| 2nd Low | 851.72 |
| 3rd Low | 837.47 |
897.25 – 869.98 – 861.83 – 889.25 – 851.72 – 837.47 — 60.20060289258 – 53.668691884893 — 6.1203810038506 – 0 – 6.3159638407044 – 4.080254002567
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –