The combination Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support at 645.64 is considered certain.
Caution: A possible change in the direction of the resistance zone at 700.37 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. this 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 778.22 |
| 2nd High | 765.33 |
| Next High | 700.37 |
| Current Price | 667.450000000 |
| Next Low | 645.64 |
| 2nd Low | 641.63 |
| 3rd Low | 635.02 |
664 – 657.7 – 656.29 – 645.64 – 641.63 – 635.02 —
668.670000000 – 678.360000000 —
68.517498303925 – 80.918319175021 —
– —
664 – 1773361800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –