Sell BNB/USDT – 4H – SELL

The currency pair Binance Coin/Tether (BNB/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at 821.21 is expected.

Caution: A possible change in the direction of resistance at 909.43 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1019.56
2nd High 959.52
Next High 909.43
Current Price 771.000000000
Next Low 821.21
2nd Low 818.39
3rd Low 801.7

909.43 – 904.99 – 959.52 – 868.68 – 864.54 – 923.69 —
854.360000000 – 847.750000000 —
30.691776950072 – 31.586549187175 —
– —
909.43000 – 1769587200

Trading Signals:

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