BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) moves from the ascending trendline downwards

A bearish descent downwards to the next support level at 439 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 468.4 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 450.3 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 468.4 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

450.1 – 445.3 – 454.3 – 439 – 432.2 – 433.8 —
441.500000000 – 462.600000000 —
44.665207875964 – 73.281479448106 —
– —
450.1 – 1772578800

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