BNB/USDT – 30M – SELLFurthermore a ‘ ‘ indicator layout is found. The indicator is ‘ ‘. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 886.835 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 904.99 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 953.33 |
| 2nd High | 933.13 |
| Next High | 904.99 |
| Current Price | 895.730000000 |
| Next Low | 876.88 |
| 2nd Low | 868.68 |
| 3rd Low | 865.75 |
888.25 – 893.98 – 894.24 – 876.88 – 868.68 – 886.53 —
897.720000000 – 898.880000000 —
59.932737970391 – 69.220847611891 —
– —
888.25000 – 1769486400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –