BNB/USDT – 30M – SELL

The combination Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline down.

A bearish trend down to the next support at 614.79 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 621.29 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Tweezers Top’ candlestick pattern is discovered. The chart forms ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

621.29 – 618.84 – 618.75 – 614.79 – 613.58 – 613.47 —
617.520000000 – 621.620000000 —
47.690839754234 – 64.148697092444 —
– —
621.29 – 1777604400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Tweezers Top – – –