Sell BNB/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at 728.44 is considered certain.

Caution: A possible change in the direction of the resistance zone at 783.57 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative 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 Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 959.52
2nd High 909.43
Next High 783.57
Current Price 691.490000000
Next Low 728.44
2nd Low 675.3
3rd Low 650.21

783.57 – 909.43 – 904.99 – 728.44 – 868.68 – 864.54 —
776.760000000 – 718.750000000 —
35.900764747549 – 23.455656072132 —
– —
783.57 – 1770091200

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