The currency pair Binance Coin/Tether (BNB/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 641.64 is certain.
Caution: A possible trend reversal in the direction of resistance at 653.49 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 676.47 |
| 2nd High | 664.26 |
| Next High | 653.49 |
| Current Price | 646.820000000 |
| Next Low | 641.64 |
| 2nd Low | 628.97 |
| 3rd Low | 627.81 |
653.49 – 651.49 – 664.26 – 641.64 – 628.97 – 627.81 —
651.070000000 – 651.000000000 —
55.71215886701 – 59.71807781783 —
– —
653.49 – 1778139000