The currency pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline down.
A descending movement down to the next support at 887.79 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 894.28 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 953.33 |
| 2nd High | 933.13 |
| Next High | 894.28 |
| Current Price | 885.590000000 |
| Next Low | 887.79 |
| 2nd Low | 865.75 |
| 3rd Low | 864.54 |
894.28 – 893.69 – 885.92 – 887.79 – 865.75 – 864.54 —
896.460000000 – 893.900000000 —
62.811973394258 – 57.096594944628 —
– —
894.28000 – 1769047200