BNB/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 801.7 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 862.09 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

862.09 – 906.67 – 909.43 – 831.83 – 893.2 – 897.18 —
852.380000000 – 834.300000000 —
44.266101708913 – 26.987848578074 —
– —
862.09000 – 1769803200

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