BNB/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 894 is expected.

Caution: A possible counter-trend in the direction of resistance at 910.81 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

910.81 – 917.33 – 915.91 – 894 – 896.85 – 902.23 — 48.096381817237 – 44.299925931701 — 61.153014761525 – 33.836060249241 – 78.022189469898 – 59.00700727338

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –