Sell BNB/USDT – 30M – SELL

The combination Binance Coin/Tether (BNB/USDT) goes from the ascending trendline down.

The bearish trend downwards to the next support level at 902.23 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 915.91 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Bearish Engulfing’ candle pattern is discovered. The candles show ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 923.93
2nd High 920.27
Next High 915.91
Current Price 911.820000000
Next Low 902.23
2nd Low 898.98
3rd Low 885.28

915.91 – 910.22 – 905 – 902.23 – 898.98 – 885.28 — 53.789426438979 – 50.433684961975 — 1.157311730181 – 1.157311730181 – 6.3266248570647 – 0.9450044265483

Trading Signals:

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