The pair Binance Coin/Tether (BNB/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 608 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 612.33 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. 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 Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 630 |
| 2nd High | 613.39 |
| Next High | 612.33 |
| Current Price | 611.260000000 |
| Next Low | 608 |
| 2nd Low | 606.69 |
| 3rd Low | 599.33 |
612.33 – 611.08 – 606.27 – 608 – 606.69 – 599.33 —
611.280000000 – 612.900000000 —
59.528816598533 – 61.682530331838 —
– —
612.33 – 1781386200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –