Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 637.01 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 665.42 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 669.65 |
| 2nd High | 666.16 |
| Next High | 665.42 |
| Current Price | 651.460000000 |
| Next Low | 635.02 |
| 2nd Low | 607.86 |
| 3rd Low | 588.64 |
624.27 – 665.42 – 666.16 – 635.02 – 607.86 – 626.2 —
651.260000000 – 654.360000000 —
61.961679690814 – 66.212711063958 —
– —
624.27 – 1772964000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –