BNB/USDT – 1H – SELL

In addition a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 540 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 563.16 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

563.16 – 567.04 – 570.34 – 540.000000000 – 543.68 – 546.17 —
549.760000000 – 547.310000000 —
46.322546120508 – 45.139813793723 —
540.000000000 – 1782867600 —
563.16 – 1782759600

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