BNB/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support line at 595.38 is expected.

Caution: A possible change in the direction of the resistance level at 624.8 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 608.645 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 624.8 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish 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’ heading down is 54% (Bull Market) & 58% (Bear Market).

624.8 – 616.64 – 620.87 – 595.38 – 592.49 – 600.6 —
618.370000000 – 618.220000000 —
49.327666416369 – 57.391255177942 —
– —
624.8 – 1771030800

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