The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 601.33 is likely expected.
Caution: A possible change in the direction of the resistance level at 632.9 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
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.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Then a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 745.74 |
| 2nd High | 729.57 |
| Next High | 632.9 |
| Current Price | 601.380000000 |
| Next Low | 601.33 |
| 2nd Low | 599.33 |
| 3rd Low | 596.58 |
632.9 – 613.03 – 612.33 – 601.33 – 611.1 – 602.79 —
606.540000000 – 607.950000000 —
37.037796145025 – 43.846843395931 —
– —
632.9 – 1781528400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –