BNB/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 666.73 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 687.82 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

687.82 – 679 – 666.55 – 656.83 – 650.11 – 652.52 —
685.480000000 – 677.720000000 —
63.621467428344 – 53.640616439028 —
– —
687.82 – 1773635400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Belt Hold – – –