BCH/USDT – 30M – SELL

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 442.2 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 464.3 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

464.3 – 467.8 – 476.8 – 442.2 – 454.3 – 456.4 —
444.500000000 – 451.100000000 —
27.986419584793 – 46.49823234136 —
– —
464.3 – 1772751600

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