BNB/USDT – 1H – SELL

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

The bearish trend down to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of resistance at 665.42 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Matching Low’ candle pattern is existing. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

665.42 – 666.16 – 638.92 – 626.2 – 621 – 610.89 —
657.410000000 – 649.730000000 —
48.141989912126 – 44.315044739893 —
– —
665.42 – 1772704800

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