BNB/USDT – 4H – SELL

The combination Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support level at 588.64 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 640.55 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candlestick pattern is existing. The chart forms ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

640.55 – 634.8 – 631.86 – 588.64 – 577.06 – 596 —
629.600000000 – 640.800000000 —
52.309862851129 – 59.256512111255 —
– —
640.55 – 1772049600

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