BNB/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 609.3 is expected.

Caution: A possible change in the direction of the resistance zone at 631.86 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

631.86 – 631.24 – 624.8 – 609.3 – 604.49 – 592.49 —
616.620000000 – 626.570000000 —
44.020828375655 – 57.530951799701 —
– —
631.86 – 1771293600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – – Rising Wedge Chart Pattern – –