Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 632.41648 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 653.49 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Outside Down’ chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 676.47 |
| 2nd High | 664.26 |
| Next High | 653.49 |
| Current Price | 640.850000000 |
| Next Low | 628.97 |
| 2nd Low | 627.81 |
| 3rd Low | 622.58 |
653.49 – 651.49 – 664.26 – 641.64 – 628.97 – 627.81 —
651.000000000 – 643.590000000 —
59.718077831518 – 41.472431321351 —
– —
653.49 – 1778139000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –