BNB/USDT – 4H – SELL

The combination Binance Coin/Tether (BNB/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 959.52 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

959.52 – 954.68 – 917.33 – 923.69 – 894 – 885.28 —
929.800000000 – 915.990000000 —
43.890415990826 – 31.935890300085 —
– —
959.52000 – 1768651200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –