The currency pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 888.250000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
And also a ‘Bearish SBS White Lines’ candlestick pattern is existing. The chart shows ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 894.24 |
| 2nd High | 893.98 |
| Next High | 888.250000000 |
| Current Price | 884.590000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
888.250000000 – 893.98 – 894.24 – 868.68 – 886.53 – 891.2 —
888.250000000 – 885.610000000 —
68.671375859179 – 55.018632289416 —
888.250000000 – 1769486400 —
– 1769486400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish SBS White Lines – – –