BNB/USDT – 30M – SELLThe combination Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 667.970000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Additionally a ‘Southern Doji’ candlestick chart pattern is detected. The chart shows ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 670.990000000 |
| 2nd High | 670.920000000 |
| Next High | 667.970000000 |
| Current Price | 658.130000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
667.970000000 – 656.390000000 – 650.620000000 – 648.010000000 – 646.490000000 – 648.600000000
Trading Signals: FOREX – BNB – BNB/USDT – USDT – Southern Doji