The pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 646.14 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 665.42 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
In addition a ‘Last Engulfing Bottom:’ candlestick chart pattern is detected. The chart forms ‘Last Engulfing Bottom:’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 668.57 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 647.670000000 |
| Next Low | 646.14 |
| 2nd Low | 626.2 |
| 3rd Low | 621 |
665.42 – 666.16 – 638.92 – 646.14 – 648.79 – 626.2 —
651.530000000 – 649.620000000 —
46.202454901371 – 43.205992211552 —
– —
665.42 – 1772706600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Last Engulfing Bottom: – – –