BCH/USDT – 30M – SELL

The currency pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at will continue.

Caution: A possible counter-trend in the direction of the resistance level at 454.1 is also possible.
Consider stop-loss settings accordingly.

Additionally 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 chart signal. The pair is likely to go down.

Additionally 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 chart signal. The pair is likely to go down.

Additionally a ‘StochOSC Hidden Bearish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

454.1 – 452.6 – 452.4 – 445.7 – 446.6 – 442.2 —
451.000000000 – 450.800000000 —
41.676921099687 – 49.578550328191 —
– —
454.1 – 1772915400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Down – – –