BNB/USDT – 30M – SELLThe pair Binance Coin/Tether (BNB/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at is considered certain.
Caution: A possible counter-trend in the direction of resistance at 647.65 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 676.47 |
| 2nd High | 656.4 |
| Next High | 647.65 |
| Current Price | 640.610000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
647.65 – 644.06 – 656.4 – 636.38 – 633.32 – 641.04 —
642.450000000 – 642.630000000 —
55.404434854099 – 52.532522621392 —
– —
647.65 – 1773993600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –