BNB/USDT – 1H – SELL

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 639.56 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 646.38 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

646.38 – 644.57 – 647.65 – 622.72 – 636.38 – 633.32 —
632.100000000 – 631.760000000 —
31.080947936614 – 34.619714981247 —
– —
646.38 – 1774101600

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Northern Doji – – –