Sell BNB/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 639.16 will continue.

Caution: A possible change in the direction of the resistance level at 783.57 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 906.67
2nd High 862.09
Next High 783.57
Current Price 623.050000000
Next Low 639.16
2nd Low 601.25
3rd Low

783.57 – 781.58 – 770.61 – 736.08 – 762.7 – 728.44 —
624.390000000 – 642.490000000 —
22.279474612168 – 44.149003712315 —
– —
783.57 – 1770102000

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