BNB/USDT – 1H – SELLThe pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support at 891.66 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 920.27 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 928.24 |
| 2nd High | 923.93 |
| Next High | 920.27 |
| Current Price | 893.180000000 |
| Next Low | 891.66 |
| 2nd Low | 890.59 |
| 3rd Low | 856.14 |
920.27 – 923.93 – 916.55 – 891.66 – 902.96 – 890.59 — 41.273179327501 – 41.102391190191 — 74.460651100882 – 62.902778548056 – 81.228624775849 – 74.467429550342
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Matching Low – – –