BNB/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support level at 577.06 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 640.550000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

640.550000000 – 634.8 – 631.86 – 577.06 – 596 – 587.14 —
640.550000000 – 630.270000000 —
62.79745586811 – 61.690841796775 —
640.550000000 – 1772049600 —
– 1772049600

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