Sell BNB/USDT – 1H – SELL

Next a indicator layout is discovered. The indicator shows ”. which could be a negative chart signal. The currency pair could go down.

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Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 831.83 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 862.09 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern 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’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 909.43
2nd High 906.67
Next High 862.09
Current Price 836.190000000
Next Low 831.83
2nd Low 821.21
3rd Low 818.39

862.09 – 906.67 – 909.43 – 831.83 – 893.2 – 897.18 —
861.580000000 – 852.380000000 —
53.164394743654 – 44.266102058873 —
– —
862.09000 – 1769803200

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