BNB/USDT – 4H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish trend downwards to the next support at is certain.

Caution: A possible reversal of the trend in the direction of resistance at 687.82 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. this 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 success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

687.82 – 679 – 666.16 – 607.86 – 588.64 – 577.06 —
674.480000000 – 656.400000000 —
56.925311187008 – 42.87367308306 —
– —
687.82 – 1773633600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –