And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 610.94932 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 626.57 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Shooting Star’ candle pattern is existing. The candles form ‘Shooting Star’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 642 |
| 2nd High | 631.86 |
| Next High | 626.57 |
| Current Price | 616.550000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
626.57 – 626.08 – 631.86 – 613.33 – 609.3 – 604.49 —
616.400000000 – 623.170000000 —
43.469206327306 – 53.026433423913 —
– —
626.57 – 1771401600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Shooting Star – Symmetrical Triangle Chart Pattern – –