BNB/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at 570.06 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 783.57 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish 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’ going down is 82%.

783.57 – 909.43 – 904.99 – 570.06 – 728.44 – 868.68 —
645.360000000 – 635.380000000 —
32.31367397792 – 35.698759387601 —
– —
783.57 – 1770091200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Double top retreat up – –