BNB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 840.710000000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 854.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

854.000000000 – 856.680000000 – 869.150000000 – 840.710000000 – 840.000000000 – 849.370000000 — 49.966608547391 – 48.274049985673

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –