BNB/USDT – 4H – SELL

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

There is also a ‘Three Outside Down’ candlestick pattern is found. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency 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 – – –