BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 828.230000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 858.890000000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 861.100000000 |
| Next High | 858.890000000 |
| Current Price | 840.210000000 |
| Next Low | 828.230000000 |
| 2nd Low | 797.730000000 |
| 3rd Low | 797.560000000 |
858.890000000 – 839.900000000 – 815.000000000 – 828.230000000 – 797.730000000 – 797.560000000 — 48.556456146388 – 44.630045660531
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – Triple bottom chart pattern – –