The pair Binance Coin/Tether (BNB/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 728.44 is considered certain.
Caution: A possible change in the direction of the resistance zone at 783.57 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 959.52 |
| 2nd High | 909.43 |
| Next High | 783.57 |
| Current Price | 691.490000000 |
| Next Low | 728.44 |
| 2nd Low | 675.3 |
| 3rd Low | 650.21 |
783.57 – 909.43 – 904.99 – 728.44 – 868.68 – 864.54 —
776.760000000 – 718.750000000 —
35.900764747549 – 23.455656072132 —
– —
783.57 – 1770091200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –