The currency pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline down.
A descent down to the next support line at 645.64 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 666.16 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 669.65 |
| 2nd High | 668.57 |
| Next High | 666.16 |
| Current Price | 666.640000000 |
| Next Low | 645.64 |
| 2nd Low | 641.63 |
| 3rd Low | 635.02 |
664 – 657.7 – 656.29 – 645.64 – 641.63 – 635.02 —
661.700000000 – 668.670000000 —
61.361205911314 – 68.517498404202 —
– —
664 – 1773361800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –