Sell BNB/USDT – 30M – SELL

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

A descent down to the next support line at 645.64 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 666.16 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. this 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 669.65
2nd High 668.57
Next High 666.16
Current Price 666.640000000
Next Low 645.64
2nd Low 641.63
3rd Low 635.02

664 – 657.7 – 656.29 – 645.64 – 641.63 – 635.02 —
661.700000000 – 668.670000000 —
61.361205911314 – 68.517498404202 —
– —
664 – 1773361800

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