The currency pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support at 910.42 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 939.99 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 972.2 |
| 2nd High | 949.77 |
| Next High | 939.99 |
| Current Price | 928.900000000 |
| Next Low | 910.42 |
| 2nd Low | 884.4 |
| 3rd Low | 880.8 |
939.99 – 925 – 918.75 – 910.42 – 884.4 – 891.72 — 58.657688831093 – 53.324539143292 — 52.046717314888 – 28.844918169105 – 61.898552367993 – 47.283012687254
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –