The currency pair Binance Coin/Tether (BNB/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 852.400000000 is certain.
Caution: A possible change in the direction of the resistance zone at 864.060000000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘Southern Doji’ candlestick pattern is detected. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 878.000000000 |
| 2nd High | 869.150000000 |
| Next High | 864.060000000 |
| Current Price | 848.450000000 |
| Next Low | 852.400000000 |
| 2nd Low | 848.910000000 |
| 3rd Low | 840.710000000 |
864.060000000 – 854.000000000 – 856.680000000 – 852.400000000 – 848.910000000 – 840.710000000 — 31.049888169879 – 30.588089611783
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Southern Doji – – –