BNB/USDT – 30M – SELL

The combination Binance Coin/Tether (BNB/USDT) moves from the ascending trendline downwards

A descent down to the next support level at 902.23 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 915.91 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Bearish Engulfing’ candle pattern is detected. The chart forms ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

915.91 – 910.22 – 905 – 902.23 – 898.98 – 885.28 — 53.789426438979 – 50.433684961975 — 1.157311730181 – 1.157311730181 – 6.3266248570647 – 0.9450044265483

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Engulfing – – –