BNB/USDT – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 620.7042 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 621.81 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Inverted Hammer’ chart pattern is discovered. The candles show ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).

621.81 – 619.38 – 622.84 – 615.09 – 614.71 – 614.15 —
620.630000000 – 619.950000000 —
56.688308656819 – 54.526015331376 —
– —
621.81 – 1777757400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Inverted Hammer – – –