BNB/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 927.16 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 938.560000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

938.560000000 – 933.98 – 945.71 – 927.16 – 924.05 – 929.05 — 51.70962968079 – 51.081289573093 — 57.606027382298 – 39.533217320094 – 62.899946089426 – 56.225547584902

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