Sell BNB/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 606.93472 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 624.27 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. 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 probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 666.16
2nd High 665.42
Next High 624.27
Current Price 622.750000000
Next Low 621
2nd Low 610.89
3rd Low 588.64

624.27 – 665.42 – 666.16 – 626.2 – 621 – 610.89 —
619.760000000 – 619.680000000 —
47.179740647246 – 49.121183761094 —
– —
624.27 – 1772964000

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