Sell BNB/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A bearish descent down to the next support level at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 613.39 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 745.74
2nd High 729.57
Next High 613.39
Current Price 599.550000000
Next Low
2nd Low
3rd Low

613.39 – 607.33 – 598.52 – 596.58 – 580.68 – 583.84 —
606.550000000 – 606.150000000 —
49.295966295337 – 49.514905093299 —
– —
613.39 – 1781276400

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