BNB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 927.16 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 938.56 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

938.56 – 933.98 – 945.71 – 927.16 – 924.05 – 929.05 — 40.721541443868 – 34.720696211711 — 18.406537282942 – 12.740892066735 – 18.980819430258 – 17.89013732834

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – Double top chart pattern – –