BCH/USDT – 30M – SELL

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 363.2 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 382.3 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

382.3 – 383.5 – 382 – 342.9 – 357.5 – 377.4 —
347.300000000 – 353.100000000 —
27.19222147563 – 50.266909706858 —
– —
382.3 – 1779451200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bullish Belt Hold – – –