BCH/USDT – 1H – SELLThe pair Bitcoin Cash/Tether (BCH/USDT) moves from the bullish trendline down.
A descent down to the next support level at 452.4 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 461.5 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 476.8 |
| 2nd High | 467.8 |
| Next High | 461.5 |
| Current Price | 466.000000000 |
| Next Low | 452.4 |
| 2nd Low | 451.6 |
| 3rd Low | 442.6 |
461.5 – 461.2 – 452.8 – 452.4 – 451.6 – 442.6 —
456.500000000 – 470.600000000 —
47.16541576429 – 68.930022636987 —
– —
461.5 – 1773320400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Two Crows – – –