BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the ascending trendline down.

The bearish trend down to the next support line at 453.7 is certain.

Caution: A possible change in the direction of the resistance line at 464.5 could occur.
Consider stop-loss settings accordingly.

Then a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

464.5 – 461.7 – 445.4 – 453.7 – 443 – 437 —
464.000000000 – 480.900000000 —
59.702016537451 – 68.456476566029 —
– —
464.5 – 1778022000

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Two Crows – – –