BCH/USDT – 1H – SELL

The currency pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline downwards

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

Caution: A possible counter-trend in the direction of the resistance line at 456.900000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

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

Next a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

456.900000000 – 454.4 – 455.4 – 440.4 – 445.7 – 446.6 —
456.900000000 – 450.700000000 —
62.495135816522 – 53.390726747127 —
456.900000000 – 1773061200 —
– 1773061200

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