The currency pair Binance Coin/Tether (BNB/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 821.21 is expected.
Caution: A possible change in the direction of resistance at 909.43 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1019.56 |
| 2nd High | 959.52 |
| Next High | 909.43 |
| Current Price | 771.000000000 |
| Next Low | 821.21 |
| 2nd Low | 818.39 |
| 3rd Low | 801.7 |
909.43 – 904.99 – 959.52 – 868.68 – 864.54 – 923.69 —
854.360000000 – 847.750000000 —
30.691776950072 – 31.586549187175 —
– —
909.43000 – 1769587200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –