BNB/USDT – 1H – SELL

The pair Binance Coin/Tether (BNB/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 604.49 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 631.24 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

631.24 – 624.8 – 620.87 – 604.49 – 592.49 – 600.6 —
628.400000000 – 624.820000000 —
60.746926832726 – 52.259907224295 —
– —
631.24 – 1771246800

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