Sell BNB/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 602.79 is expected.

Caution: A possible change in the direction of resistance at 630 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which 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’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 729.57
2nd High 701.73
Next High 630
Current Price 614.230000000
Next Low 602.79
2nd Low 599.33
3rd Low 596.58

613.03 – 612.33 – 611.08 – 602.79 – 608 – 606.69 —
618.290000000 – 617.150000000 —
65.778087941549 – 55.379034762489 —
– —
613.03 – 1781431200

Trading Signals:

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