BNB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 616.01 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 644.07 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ candle chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

644.07 – 653 – 650.84 – 616.01 – 633.81 – 632.3 —
639.960000000 – 639.330000000 —
53.623127247624 – 53.21854884237 —
– —
644.07 – 1770667200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –