BNB/USDT – 1H – SELL

The pair Binance Coin/Tether (BNB/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support line at 610.89 is expected.

Caution: A possible counter-trend in the direction of resistance at 624.27 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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

624.27 – 665.42 – 666.16 – 626.2 – 621 – 610.89 —
621.210000000 – 619.760000000 —
40.132880633509 – 47.179740935732 —
– —
624.27 – 1772964000

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