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. Target of the current trend is 617.04264 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 639 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Three Inside Down’ candlestick chart pattern is discovered. The candles form ‘Three Inside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

639 – 621.81 – 622.84 – 615.61 – 615.09 – 613.79 —
629.580000000 – 625.410000000 —
63.014048068745 – 53.355135719525 —
– —
639 – 1777867200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Inside Down – – –