BNB/USDT – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 621.61 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 666.16 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

666.16 – 652.87 – 640.55 – 588.64 – 577.06 – 596 —
663.120000000 – 651.620000000 —
65.150622690439 – 56.05298730813 —
– —
666.16 – 1772640000

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