BNB/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 633.68 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 645.65 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

645.65 – 653.49 – 651.49 – 633.68 – 639.33 – 641.64 —
638.530000000 – 640.030000000 —
39.180176185187 – 45.754811537136 —
– —
645.65 – 1778185800

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