BNB/USDT – 1H – SELL

Moreover a ‘Double top chart pattern’ chart layout is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A continuation of the bearish trend down to the next support at 762.7 is expected.

Caution: A possible change in the direction of the resistance line at 783.57 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

783.57 – 781.58 – 770.61 – 762.7 – 728.44 – 750 —
776.540000000 – 775.410000000 —
53.085984825161 – 52.056071742429 —
– —
783.57 – 1770102000

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – – Double top chart pattern – –