BNB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 637.61 will continue.

Caution: A possible trend reversal in the direction of resistance at 650.84 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Tweezers Top’ candlestick chart pattern is existing. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

650.84 – 668.57 – 669.65 – 637.61 – 640.07 – 650.18 —
646.120000000 – 644.930000000 —
48.566546907869 – 48.040590042439 —
– —
650.84 – 1770539400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Tweezers Top – Double top chart pattern – –