BNB/USDT – 1H – SELL

The combination Binance Coin/Tether (BNB/USDT) moves from the descending trendline down.

A continuation of the bearish trend down to the next support line at 587.14 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 644.07 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

644.07 – 669.65 – 783.57 – 587.14 – 613.8 – 616.01 —
616.040000000 – 614.390000000 —
51.008930808256 – 45.715145884622 —
– —
644.07 – 1770667200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Matching Low – – –