BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 946.100000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Last Engulfing Top’ candle chart pattern is detected. The chart shows ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 984.730000000 |
| Next Low | 946.100000000 |
| 2nd Low | 921.940000000 |
| 3rd Low | 916.660000000 |
963.000000000 – 933.550000000 – 923.160000000 – 946.100000000 – 946.690000000 – 921.940000000 — 68.350372732067 – 64.248026820638
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Last Engulfing Top – – –