BNB/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 614.47 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

614.47 – 624.8 – 634.8 – 581.51 – 577.06 – 618.72 —
600.360000000 – 596.400000000 —
66.316611475162 – 58.354857431639 —
– —
614.47 – 1771795800

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –