BNB/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 603.1 will persist.

Caution: A possible trend reversal in the direction of resistance at 619.5 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

619.5 – 632.9 – 619 – 603.1 – 601.33 – 611.1 —
606.620000000 – 607.060000000 —
48.811382251021 – 48.647697094809 —
– —
619.5 – 1781598900

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – – –