BNB/USDT – 1H – SELL

The currency pair Binance Coin/Tether (BNB/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at 630.35 will persist.

Caution: A possible change in the direction of the resistance zone at 729.57 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Matching Low’ candle chart pattern is found. The chart forms ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

729.57 – 745.74 – 642.59 – 630.35 – 674.07 – 630.86 —
645.900000000 – 639.310000000 —
36.981211677289 – 32.207523906725 —
– —
729.57 – 1780304400

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