The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at 656.83 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 679 could be enabled.
Consider stop-loss settings accordingly.
Besides a ” indicator layout is detected. The indicator is ”. this is usually a bearish chart signal. The pair is likely to go down.
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Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
Besides a ‘Tweezers Top’ candle pattern is discovered. The candles form ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 765.33 |
| 2nd High | 700.37 |
| Next High | 679 |
| Current Price | 671.430000000 |
| Next Low | 656.83 |
| 2nd Low | 650.11 |
| 3rd Low | 645.64 |
666.55 – 661.16 – 654.98 – 656.83 – 650.11 – 652.52 —
669.090000000 – 674.160000000 —
70.085687384065 – 67.462176384176 —
– —
666.55 – 1773565200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Tweezers Top – – –