BNB/USDT – 4H – SELL

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

A bearish movement downwards to the next support line at 610.26 will persist.

Caution: A possible change in the direction of the resistance level at 639 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Shooting Star’ candlestick chart pattern is discovered. The chart shows ‘Shooting Star’. 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 ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

639 – 622.84 – 629.61 – 610.26 – 618.38 – 615 —
628.810000000 – 652.660000000 —
60.037308256771 – 81.017289852347 —
– —
639 – 1777867200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Shooting Star – – –