BNB/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 641.63 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 656.29 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

656.29 – 624.27 – 665.42 – 641.63 – 635.02 – 607.86 —
645.030000000 – 657.700000000 —
48.170963215748 – 66.747364531228 —
– —
656.29 – 1773266400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –