BNB/USDT – 4H – SELL

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

A continuation of the bearish trend downwards to the next support line at 790.79 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 906.5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

906.5 – 876.3 – 941.06 – 790.79 – 887.88 – 880.8 — 46.61017682515 – 29.839743613241 — 56.453158426657 – 30.279392037451 – 49.862457701619 – 48.521075689524

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