Sell BNB/USDT – 30M – SELL

The combination Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline down.

The bearish trend downwards to the next support at 645.64 is considered certain.

Caution: A possible change in the direction of the resistance zone at 700.37 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 778.22
2nd High 765.33
Next High 700.37
Current Price 667.450000000
Next Low 645.64
2nd Low 641.63
3rd Low 635.02

664 – 657.7 – 656.29 – 645.64 – 641.63 – 635.02 —
668.670000000 – 678.360000000 —
68.517498303925 – 80.918319175021 —
– —
664 – 1773361800

Trading Signals:

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