BCH/USDT – 30M – SELL

The currency pair Bitcoin Cash/Tether (BCH/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support line at is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 453.8 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Furthermore 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 could go down.

Furthermore a ‘Collapsing Doji Star’ chart pattern is detected. The candles form ‘Collapsing Doji Star’. 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 success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

453.8 – 456.9 – 454.4 – 443.6 – 445.5 – 446.2 —
447.100000000 – 449.500000000 —
43.638930277779 – 50.251993182934 —
– —
453.8 – 1773084600

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Collapsing Doji Star – – –