BNB/USDT – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 621.61 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 666.16 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

666.16 – 652.87 – 640.55 – 588.64 – 577.06 – 596 —
663.120000000 – 651.620000000 —
65.150622690439 – 56.05298730813 —
– —
666.16 – 1772640000

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –