BCH/USDT – 1H – SELL

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 440.3 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 448.800000000 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

448.800000000 – 458.2 – 455.6 – 444.4 – 440.3 – 441.9 —
448.800000000 – 444.200000000 —
44.484625671218 – 36.356406899446 —
448.800000000 – 1777755600 —
– 1777755600

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