Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 653.49 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 653.49 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Harami Cross’ candle chart pattern is detected. The chart forms ‘Bearish Harami Cross’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 676.47 |
| 2nd High | 664.26 |
| Next High | 653.49 |
| Current Price | 654.460000000 |
| Next Low | 634.76 |
| 2nd Low | 633.68 |
| 3rd Low | 628.97 |
641 – 645.65 – 653.49 – 634.76 – 633.68 – 639.33 —
650.010000000 – 653.210000000 —
66.828533418221 – 68.903857755413 —
– —
641 – 1778212800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Harami Cross – – –