BNB/USDT – 30M – SELL

The currency pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support at 890.59 will persist.

Caution: A possible change in the direction of the resistance line at 909 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Inside Down’ candle pattern is existing. The chart forms ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

909 – 906.91 – 902.85 – 890.59 – 865.26 – 859.64 — 59.598799184778 – 57.059039244699 — 51.316721776098 – 48.06920170052 – 45.242875137774 – 47.157927885372

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