BNB/USDT – 30M – SELLThe currency pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 835.55 will continue.
Caution: A possible change in the direction of the resistance line at 869.77 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 907.71 |
| 2nd High | 906.67 |
| Next High | 869.77 |
| Current Price | 841.940000000 |
| Next Low | 835.55 |
| 2nd Low | 821.21 |
| 3rd Low | 818.39 |
869.77 – 906.67 – 907.71 – 835.55 – 852.81 – 893.2 —
852.880000000 – 848.450000000 —
38.851722685468 – 41.135133752856 —
– —
869.77000 – 1769731200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –