BNB/USDT – 1H – SELL

The pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support at 893.2 is likely expected.

Caution: A possible change in the direction of the resistance zone at 909.43 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 868.68 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 909.43 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

909.43 – 888.25 – 904.99 – 893.2 – 897.18 – 868.68 —
901.470000000 – 892.420000000 —
52.256821059499 – 36.63473049611 —
– —
909.43000 – 1769594400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –