BNB/USDT – 30M – SELL

Besides a ‘Double top chart pattern’ chart pattern is existing. The formation shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downward movement downwards to the next support line at 831.83 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 862.09 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.

862.09 – 869.77 – 906.67 – 831.83 – 833.08 – 835.55 —
840.000000000 – 836.230000000 —
31.278034111541 – 29.360037513052 —
– —
862.09000 – 1769805000

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