BNB/USDT – 30M – SELL

The pair Binance Coin/Tether (BNB/USDT) moves from the bullish trendline down.

A bearish descent down to the next support at 602.79 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 613.03 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Last Engulfing Top’ candle pattern is found. The candles show ‘Last Engulfing Top’. 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 probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

613.03 – 612.33 – 611.08 – 602.79 – 608 – 606.69 —
616.920000000 – 617.100000000 —
69.613739595063 – 65.187702497641 —
– —
613.03 – 1781431200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Last Engulfing Top – – –