BCH/USDT – 30M – SELLThe pair Bitcoin Cash/Tether (BCH/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support level at 453.7 will persist.
Caution: A possible change in the direction of the resistance level at 489.3 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI Hidden Bearish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Hidden Bearish Divergence’. signal.
Besides a ‘Southern Doji’ candle pattern is detected. The candles show ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 505.8 |
| 2nd High | 491.1 |
| Next High | 489.3 |
| Current Price | 467.800000000 |
| Next Low | 453.7 |
| 2nd Low | 443 |
| 3rd Low | 437 |
489.3 – 464.5 – 461.7 – 453.7 – 443 – 437 —
473.200000000 – 470.700000000 —
55.887452851271 – 51.30837672154 —
– —
489.3 – 1778041800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Southern Doji – – –