BNB/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The currency pair Binance Coin/Tether (BNB/USDT) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at is expected.

Caution: A possible counter-trend in the direction of resistance at 613.030000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Bearish Engulfing’ candlestick pattern is detected. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

613.030000000 – 612.33 – 613.39 – 599.33 – 596.58 – 580.68 —
613.030000000 – 607.630000000 —
60.17033523614 – 37.857446212559 —
613.030000000 – 1781431200 —
– 1781431200

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –