BCH/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support level at 296.8 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 308.2 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

308.2 – 308.1 – 312.4 – 302 – 296.8 – 296.6 —
301.200000000 – 302.400000000 —
43.25459894702 – 48.657520999109 —
– —
308.2 – 1780225200

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