The currency pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline down.
The bearish trend downwards to the next support at 836.08 is certain.
Caution: A possible trend reversal in the direction of resistance at 883.61 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 949.77 |
| 2nd High | 941.06 |
| Next High | 883.61 |
| Current Price | 850.170000000 |
| Next Low | 836.08 |
| 2nd Low | 813.77 |
| 3rd Low | 790.79 |
855.46 – 853.2 – 854.49 – 836.08 – 843.15 – 836.62 — 57.520839947481 – 52.98926305951 — 75.141674178036 – 84.399871770887 – 58.170342451853 – 71.188667891281