BNB/USDT – 4H – SELL

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

A bearish movement down to the next support at 675.300000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 861.100000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

861.100000000 – 765.560000000 – 707.540000000 – 675.300000000 – 650.210000000 – 643.710000000 — 46.945318070468 – 43.60014261544

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –