BNB/USDT – 30M – SELLThe currency pair Binance Coin/Tether (BNB/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support level at 883.1 is likely expected.
Caution: A possible change in the direction of the resistance zone at 893.98 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 904.99 |
| 2nd High | 894.24 |
| Next High | 893.98 |
| Current Price | 888.920000000 |
| Next Low | 883.1 |
| 2nd Low | 878.18 |
| 3rd Low | 865.75 |
893.98 – 894.24 – 904.99 – 891.2 – 883.1 – 878.18 —
892.530000000 – 889.640000000 —
47.613933283369 – 42.278149453928 —
– —
893.98000 – 1769252400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –