BNB/USDT – 4H – SELL

The combination Binance Coin/Tether (BNB/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 868.68 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 909.43 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ” indicator signal is found. The indicator shows ”. this is usually a bearish chart scenario. The pair is likely to go down.

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Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Last Engulfing Bottom:’ candlestick pattern is discovered. The candles show ‘Last Engulfing Bottom:’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

909.43 – 904.99 – 959.52 – 868.68 – 864.54 – 923.69 —
907.710000000 – 869.770000000 —
59.768357471244 – 29.372574857713 —
– —
909.43000 – 1769587200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Last Engulfing Bottom: – – –