The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 885.28 is considered certain.
Caution: A possible change in the direction of the resistance level at 910.22 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two 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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 923.93 |
| 2nd High | 920.27 |
| Next High | 910.22 |
| Current Price | 904.490000000 |
| Next Low | 885.28 |
| 2nd Low | 856.14 |
| 3rd Low | 846 |
910.22 – 905 – 920.27 – 885.28 – 891.66 – 902.96 — 58.052316195421 – 49.901410356547 — 84.792922385993 – 55.932060308295 – 90.686690397201 – 78.119519032364
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –