BNB/USDT – 4H – SELL

The currency pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support line at 821.21 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 904.99 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Three Outside Down’ candlestick chart pattern is found. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

904.99 – 959.52 – 954.68 – 868.68 – 864.54 – 923.69 —
900.990000000 – 906.670000000 —
56.578223198703 – 59.390909038648 —
– —
904.99000 – 1769184000

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –