The pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 728.44 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 783.570000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ” indicator signal is existing. The indicator is ”. this is usually a bearish chart scenario. The currency pair could go down.
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Additionally a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black 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 likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 959.52 |
| 2nd High | 909.43 |
| Next High | 783.570000000 |
| Current Price | 717.950000000 |
| Next Low | 728.44 |
| 2nd Low | 675.3 |
| 3rd Low | 650.21 |
783.570000000 – 909.43 – 904.99 – 728.44 – 868.68 – 864.54 —
783.570000000 – 764.360000000 —
42.56790509211 – 35.441865655381 —
783.570000000 – 1770091200 —
– 1770091200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –