BNB/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 801.7 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 862.09 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

862.09 – 906.67 – 909.43 – 831.83 – 893.2 – 897.18 —
847.750000000 – 816.800000000 —
29.348283822861 – 15.576340151422 —
– —
862.09000 – 1769803200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –