BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support at 828.230000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 861.100000000 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 861.100000000 |
| Current Price | 850.790000000 |
| Next Low | 828.230000000 |
| 2nd Low | 797.730000000 |
| 3rd Low | 797.560000000 |
839.900000000 – 815.000000000 – 812.410000000 – 828.230000000 – 797.730000000 – 797.560000000 — 69.200875808444 – 65.598361102528
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – Triple bottom chart pattern – –