The currency pair Binance Coin/Tether (BNB/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 675.3 is expected.
Caution: A possible change in the direction of the resistance zone at 700.37 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ” indicator signal is detected. The indicator shows ”. this is usually a bearish chart scenario. The currency pair could go down.
!
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Besides a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 778.22 |
| 2nd High | 765.33 |
| Next High | 700.37 |
| Current Price | 650.240000000 |
| Next Low | 675.3 |
| 2nd Low | 659.05 |
| 3rd Low | 657.36 |
700.37 – 765.33 – 778.22 – 686 – 687.3 – 736.08 —
699.520000000 – 682.530000000 —
41.193300207364 – 42.547547416468 —
– —
700.37 – 1770282000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –