BNB/USDT – 4H – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 537.25 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 563.16 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

563.16 – 602.31 – 632.9 – 537.250000000 – 545.62 – 540.6 —
547.690000000 – 567.170000000 —
37.297868575162 – 56.631157455377 —
537.250000000 – 1782892800 —
563.16 – 1782748800

Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –