BNB/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 650.21 is expected.

Caution: A possible counter-trend in the direction of resistance at 783.57 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

783.57 – 781.58 – 770.61 – 736.08 – 762.7 – 728.44 —
691.670000000 – 658.460000000 —
27.340020762561 – 27.296454186155 —
– —
783.57 – 1770102000

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