BCH/USDT – 4H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 432.2 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 520.3 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

520.3 – 586.2 – 581.5 – 432.2 – 470.8 – 538.7 —
445.300000000 – 472.100000000 —
34.003249089774 – 54.107097921791 —
– —
520.3 – 1772020800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –