BNB/USDT – 4H – SELL

The combination Binance Coin/Tether (BNB/USDT) moves from the bullish trendline downwards

A descent downwards to the next support line at 728.44 will persist.

Caution: A possible change in the direction of the resistance level at 783.57 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

783.57 – 909.43 – 904.99 – 728.44 – 868.68 – 864.54 —
778.220000000 – 736.700000000 —
41.987319827681 – 27.299967835067 —
– —
783.57 – 1770091200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –