BCH/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 442.2 will persist.

Caution: A possible counter-trend in the direction of resistance at 455.4 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

455.4 – 454.1 – 467.8 – 445.7 – 446.6 – 442.2 —
448.700000000 – 452.600000000 —
48.972087928217 – 53.074753038867 —
– —
455.4 – 1772964000

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bearish Belt Hold – – –