BNB/USDT – 30M – SELL

There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 620.3362 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 665.42 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Matching Low’ candle pattern is detected. 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 success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

620.11 – 624.27 – 665.42 – 607.86 – 611.82 – 614.34 —
638.600000000 – 640.490000000 —
71.4501537331 – 65.486251701882 —
– —
620.11 – 1773001800

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