BNB/USDT – 30M – SELL

The pair Binance Coin/Tether (BNB/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support at 615.61 is considered certain.

Caution: A possible change in the direction of the resistance line at 639 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

639 – 621.81 – 619.38 – 623.48 – 615.61 – 615.09 —
626.670000000 – 625.910000000 —
50.677233127923 – 49.546664416568 —
– —
639 – 1777867200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –