BNB/USDT – 1H – SELLThe combination Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support line at 851.72 is certain.
Caution: A possible change in the direction of the resistance line at 869.98 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 941.06 |
| 2nd High | 876.3 |
| Next High | 869.98 |
| Current Price | 895.640000000 |
| Next Low | 851.72 |
| 2nd Low | 837.47 |
| 3rd Low | 830.01 |
869.98 – 876.3 – 858.4 – 851.72 – 837.47 – 830.01 — 71.830815085381 – 69.106197250665 — 83.1747199176 – 80.872650775618 – 80.910143905855 – 81.548419023817