BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support at 891.66 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 919.780000000 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 894.595 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 919.780000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 923.93 |
| Next High | 919.780000000 |
| Current Price | 909.840000000 |
| Next Low | 891.66 |
| 2nd Low | 890.59 |
| 3rd Low | 865.26 |
919.780000000 – 923.93 – 916.55 – 891.66 – 902.96 – 890.59 — 51.07873290074 – 48.954107508206 — 38.493528376474 – 34.264827260936 – 34.388979903411 – 35.585778273245