Sell BNB/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 666.73 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 687.82 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Belt Hold’ candle pattern is detected. The candles show ‘Bearish Belt Hold’. which 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 success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 765.33
2nd High 700.37
Next High 687.82
Current Price 675.490000000
Next Low 656.83
2nd Low 650.11
3rd Low 645.64

687.82 – 679 – 666.55 – 656.83 – 650.11 – 652.52 —
685.480000000 – 677.720000000 —
63.621467428344 – 53.640616439028 —
– —
687.82 – 1773635400

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