BNB/USDT – 1H – SELL

The combination Binance Coin/Tether (BNB/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 596.58 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 613.39 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Tweezers Top’ chart pattern is detected. The chart shows ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

613.39 – 607.33 – 598.52 – 596.58 – 580.68 – 583.84 —
609.470000000 – 605.270000000 —
55.596362272574 – 52.472063059149 —
– —
613.39 – 1781276400

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –