BNB/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The pair Binance Coin/Tether (BNB/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support at 568.7 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 578.82 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

578.82 – 576.24 – 567.17 – 568.7 – 556.16 – 548.74 —
575.950000000 – 576.150000000 —
49.732773717882 – 54.423990393175 —
– —
578.82 – 1783188000

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