BNB/USDT – 30M – SELLThe combination Binance Coin/Tether (BNB/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 919.78 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The 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 | 928.24 |
| 2nd High | 923.93 |
| Next High | 919.78 |
| Current Price | 909.310000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
919.78 – 923.93 – 916.55 – 891.66 – 902.96 – 890.59 — 45.363976718442 – 43.986595696995 — 34.663786830698 – 8.2458694042238 – 64.120426312875 – 36.40489010811
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –