BNB/USDT – 1H – SELL

Additionally a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 821.21 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 862.09 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

862.09 – 906.67 – 909.43 – 831.83 – 893.2 – 897.18 —
854.600000000 – 838.980000000 —
44.901013680022 – 32.093250314111 —
– —
862.09000 – 1769803200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Double top chart pattern – –