BNB/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A descent downwards to the next support line at 891.66 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 923.93 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ heading down is 82%.

923.93 – 916.55 – 909 – 891.66 – 902.96 – 890.59 — 47.589396643099 – 46.146233190481 — 72.388192826006 – 50.86676763004 – 87.425385771768 – 72.101362115749

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –