BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline down.
A bearish trend down to the next support line at 928.5 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 954.68 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K fall below 80’ indicator signal is found. The indicator shows ‘%K fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 978.61 |
| 2nd High | 972.2 |
| Next High | 954.68 |
| Current Price | 937.570000000 |
| Next Low | 928.5 |
| 2nd Low | 906.18 |
| 3rd Low | 894 |
954.68 – 914.98 – 909.11 – 928.5 – 906.18 – 894 — 46.340246075676 – 41.022737783251 — 29.019384264538 – 0 – 44.227173670631 – 26.716711009755
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –