BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 440.4 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 455.4 is also possible.
Consider stop-loss settings accordingly.

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

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

449.8 – 455.4 – 454.1 – 440.4 – 445.7 – 445.7 —
445.700000000 – 451.900000000 —
46.140827464688 – 59.6306232635 —
– —
449.8 – 1773001800

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