BNB/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 610.89 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 624.27 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative 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%.

624.27 – 665.42 – 666.16 – 626.2 – 621 – 610.89 —
618.080000000 – 618.140000000 —
39.237470956696 – 44.327289949318 —
– —
624.27 – 1772964000

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