There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support line at 923.69 is certain.
Caution: A possible change in the direction of the resistance zone at 959.520000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 959.520000000 |
| Current Price | 925.180000000 |
| Next Low | 923.69 |
| 2nd Low | 894 |
| 3rd Low | 885.28 |
959.520000000 – 954.68 – 917.33 – 923.69 – 894 – 885.28 — 45.41914201356 – 41.200840604064 — 39.445923907434 – 19.316281662228 – 47.995155618863 – 38.024263193025
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –