BNB/USDT – 30M – SELLThe combination Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support level at 910.42 is expected.
Caution: A possible change in the direction of the resistance level at 939.99 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Besides a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 972.2 |
| 2nd High | 949.77 |
| Next High | 939.99 |
| Current Price | 932.080000000 |
| Next Low | 910.42 |
| 2nd Low | 884.4 |
| 3rd Low | 880.8 |
939.99 – 925 – 918.75 – 910.42 – 884.4 – 891.72 — 55.734086057889 – 52.033534033675 — 69.819279982577 – 50.504168549143 – 66.534066581508 – 63.707368255235
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –