BNB/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

A descent downwards to the next support level at 897.18 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 909.43 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

909.43 – 888.25 – 904.99 – 897.18 – 868.68 – 883.1 —
907.060000000 – 904.240000000 —
58.804965824002 – 55.623147989059 —
– —
909.43000 – 1769594400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –