Sell BNB/USDT – 30M – SELL

The pair Binance Coin/Tether (BNB/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 736.08 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 778.22 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

There is also a ‘Three Inside Down’ candlestick pattern is discovered. The candles show ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 789.72
2nd High 783.57
Next High 778.22
Current Price 758.540000000
Next Low 736.08
2nd Low 728.44
3rd Low 725.1

778.22 – 783.57 – 781.58 – 736.08 – 762.7 – 767.6 —
755.630000000 – 764.310000000 —
43.638507672678 – 50.943113708134 —
– —
778.22 – 1770132600

Trading Signals:

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