BNB/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 601.3 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 614.8 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

614.8 – 623.17 – 626.57 – 601.3 – 613.33 – 609.3 —
614.440000000 – 607.770000000 —
61.402450294194 – 45.870086054523 —
– —
614.8 – 1771480800

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – – –