BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support line at will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 453.4 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

453.4 – 452.8 – 452 – 444 – 442.6 – 442.7 —
452.400000000 – 449.400000000 —
55.62084021422 – 51.220542402074 —
– —
453.4 – 1773208800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –