The pair Bitcoin Cash/Tether (BCH/USDT) goes from the bullish trendline down.
A bearish movement down to the next support line at 439 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 491.1 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 520.3 |
| 2nd High | 505.8 |
| Next High | 491.1 |
| Current Price | 465.700000000 |
| Next Low | 439 |
| 2nd Low | 432.2 |
| 3rd Low | 423 |
462.6 – 450.1 – 445.3 – 439 – 432.2 – 433.8 —
471.100000000 – 471.700000000 —
66.931765647566 – 57.562297667339 —
– —
462.6 – 1772616600
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –