BNB/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at is certain.

Caution: A possible reversal of the trend in the direction of resistance at 783.57 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

783.57 – 781.58 – 770.61 – 570.06 – 736.08 – 762.7 —
654.540000000 – 667.410000000 —
53.824524448502 – 59.639441224711 —
– —
783.57 – 1770102000

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –