BCH/USDT – 1H – SELL

The currency pair Bitcoin Cash/Tether (BCH/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support line at 432.2 is likely expected.

Caution: A possible change in the direction of the resistance level at 467.8 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

467.8 – 476.8 – 468.4 – 454.3 – 432.2 – 433.8 —
459.700000000 – 453.600000000 —
45.60919572767 – 33.654547394845 —
– —
467.8 – 1772704800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –