BNB/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 750 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 789.720000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

789.720000000 – 862.09 – 869.77 – 750 – 831.83 – 833.08 —
789.720000000 – 783.280000000 —
42.968743485239 – 38.282892770457 —
789.720000000 – 1769913000 —
– 1769913000

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –