The currency pair Binance Coin/Tether (BNB/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 883.1 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 904.99 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 953.33 |
| 2nd High | 933.13 |
| Next High | 904.99 |
| Current Price | 892.390000000 |
| Next Low | 883.1 |
| 2nd Low | 878.18 |
| 3rd Low | 865.75 |
904.99 – 893.42 – 897.58 – 883.1 – 878.18 – 887.79 — 52.219043227246 – 50.531038118906 — 66.525908331134 – 62.244508958682 – 62.789947508871 – 63.545546073918