BNB/USDT – 1H – SELLThe combination Binance Coin/Tether (BNB/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 837.47 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 876.3 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 949.77 |
| 2nd High | 941.06 |
| Next High | 876.3 |
| Current Price | 853.330000000 |
| Next Low | 837.47 |
| 2nd Low | 830.01 |
| 3rd Low | 813.77 |
876.3 – 858.4 – 854.49 – 837.47 – 830.01 – 836.08 — 47.606772341306 – 43.702574550372 — 14.85072582854 – 3.9167351410572 – 25.051306586727 – 14.464574649513
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –