BCH/USDT – 30M – SELL

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘Bearish Engulfing’ candle pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

454.4 – 449.8 – 455.4 – 440.4 – 445.7 – 445.7 —
451.900000000 – 451.500000000 —
51.161304786057 – 52.351959168555 —
– —
454.4 – 1773025200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bearish Engulfing – – –