BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 194.400000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 200.1 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

200.1 – 200.7 – 200.8 – 194.400000000 – 196.9 – 198.2 —
196.200000000 – 200.100000000 —
31.357389351928 – 56.589684814401 —
194.400000000 – 1782084600 —
200.1 – 1782055800

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