BNB/USDT – 1H – SELL

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

The bearish trend down to the next support level at 665.42 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 689.37 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

In addition a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

689.37 – 677.52 – 685.68 – 665.42 – 663.77 – 650.49 —
676.720000000 – 674.920000000 —
52.251652047739 – 48.660826971757 —
– —
689.37 – 1778844600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –