Sell BNB/USDT – 30M – SELL

The combination Binance Coin/Tether (BNB/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support at 596.03 is certain.

Caution: A possible trend reversal in the direction of resistance at 607.33 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore 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 signal. The currency pair is likely to fall.

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

Furthermore a ‘Tweezers Top’ chart pattern is found. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 610.54
2nd High 610.44
Next High 607.33
Current Price 604.890000000
Next Low 596.03
2nd Low 582.1
3rd Low 580.68

607.33 – 603.77 – 598.52 – 596.03 – 582.1 – 580.68 —
603.670000000 – 606.950000000 —
48.449841403869 – 61.173052304037 —
– —
607.33 – 1781200800

Trading Signals:

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