BNB/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 605.86 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 619 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘Three Inside Down’ chart pattern is existing. The chart forms ‘Three Inside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

619 – 631.87 – 652.8 – 609.89 – 605.86 – 623.01 —
614.350000000 – 610.180000000 —
48.271368383276 – 37.363273727269 —
– —
619 – 1774710000

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