BNB/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support at 548.74 is considered certain.

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

Next a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going 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 – –