Sell BNB/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at will persist.

Caution: A possible trend reversal in the direction of resistance at 930 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 959.52
2nd High 953.33
Next High 930
Current Price 927.630000000
Next Low
2nd Low
3rd Low

930 – 953.33 – 959.52 – 919.320000000 – 923.12 – 901 —
924.380000000 – 930.550000000 —
44.679133177902 – 51.903901643974 —
919.320000000 – 1768863600 —
930.00000 – 1768829400

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