BNB/USDT – 30M – SELL

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

A bearish movement down to the next support line at 902.23 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 915.91 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ heading down is 79%.

915.91 – 910.22 – 905 – 902.23 – 898.98 – 885.28 — 53.789426438979 – 50.433684961975 — 1.157311730181 – 1.157311730181 – 6.3266248570647 – 0.9450044265483

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Engulfing – – –