Sell BNB/USDT – 1H – SELL

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In addition a ‘Double top chart pattern’ chart formation is found. The formation shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Bearish Belt Hold’ candle pattern is found. The chart forms ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 928.24
2nd High 923.93
Next High 920.27
Current Price 890.520000000
Next Low
2nd Low
3rd Low

920.27 – 923.93 – 916.55 – 891.66 – 902.96 – 890.59 — 48.503344260523 – 33.049764617647 — 79.866030615896 – 60.796921091445 – 56.045429768534 – 65.298694857668

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