BCH/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 537.65 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 570.2 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Harami’ chart pattern is found. The chart forms ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

570.2 – 570.8 – 581.5 – 556.2 – 549.5 – 551.5 —
560.300000000 – 558.200000000 —
36.569761269301 – 35.488586581271 —
– —
570.2 – 1771390800

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