BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) moves from the bullish trendline downwards

A bearish descent down to the next support at 446.2 is expected.

Caution: A possible change in the direction of the resistance level at 455.4 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Inside Down’ chart pattern is found. The chart forms ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

454.4 – 449.8 – 455.4 – 446.2 – 440.4 – 445.7 —
451.500000000 – 455.000000000 —
52.351957590736 – 67.364392660549 —
– —
454.4 – 1773025200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Inside Down – – –