There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 540 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 552.83 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 567.04 |
| 2nd High | 563.16 |
| Next High | 552.83 |
| Current Price | 542.210000000 |
| Next Low | 540 |
| 2nd Low | |
| 3rd Low |
552.83 – 551.56 – 563.16 – 540 – 543.68 – 546.17 —
551.120000000 – 546.720000000 —
48.791764301988 – 42.477440861011 —
– —
552.83 – 1782876600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –