BNB/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Binance Coin/Tether (BNB/USDT) jumps from the bullish trendline downwards

A descending movement down to the next support line at 548.74 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 567.17 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

567.17 – 561.19 – 559.55 – 548.74 – 548.71 – 537.25 —
561.820000000 – 558.450000000 —
57.137404096682 – 46.759480512054 —
– —
567.17 – 1782999000

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –