BNB/USDT – 30M – SELL

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

The bearish trend downwards to the next support level at 615.61 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 639 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

639 – 621.81 – 619.38 – 623.48 – 615.61 – 615.09 —
626.840000000 – 625.520000000 —
52.656086341284 – 48.064406195843 —
– —
639 – 1777867200

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