BNB/USDT – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A descent downwards to the next support line at 728.44 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 783.57 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

783.57 – 781.58 – 770.61 – 736.08 – 762.7 – 728.44 —
765.330000000 – 747.750000000 —
50.951376506782 – 34.94175439248 —
– —
783.57 – 1770102000

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