Sell BNB/USDT – 1H – SELL

The combination Binance Coin/Tether (BNB/USDT) moves from the ascending trendline downwards

A bearish movement downwards to the next support line at 644.43 is certain.

Caution: A possible change in the direction of the resistance zone at 676.47 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 783.57
2nd High 687.82
Next High 676.47
Current Price 643.730000000
Next Low 644.43
2nd Low 641.63
3rd Low 635.02

676.47 – 687.82 – 666.55 – 644.43 – 663.4 – 650.11 —
652.340000000 – 648.890000000 —
35.141737022439 – 38.932457768713 —
– —
676.47 – 1773828000

Trading Signals:

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