BCH/USDT – 30M – SELL

The pair Bitcoin Cash/Tether (BCH/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 423 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 491.1 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

491.1 – 505.8 – 520.3 – 475.4 – 490.8 – 485.9 —
469.100000000 – 468.500000000 —
28.873044754591 – 41.833533186671 —
– —
491.1 – 1772164800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –