BNB/USDT – 30M – SELL

The currency pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline down.

A bearish trend down to the next support at 856.590000000 is certain.

Caution: A possible change in the direction of the resistance line at 878.000000000 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Down’ candlestick pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

865.000000000 – 859.960000000 – 857.730000000 – 856.590000000 – 844.710000000 – 841.100000000 — 64.029948537168 – 60.646168370904

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –