BCH/USDT – 1H – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) moves from the descending trendline down.

A continuation of the bearish trend down to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 450.8 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Next a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

450.8 – 447.5 – 448.8 – 441 – 442.4 – 444.4 —
447.900000000 – 446.000000000 —
50.286316383586 – 43.312192499583 —
– —
450.8 – 1777867200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bearish Engulfing – – –