BCH/USDT – 4H – BUY

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 432.2 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 476.8 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Three Outside Down’ candle pattern is discovered. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. 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).

456.9 – 476.8 – 520.3 – 440.4 – 442.2 – 432.2 —
456.000000000 – 471.300000000 —
56.013038267168 – 67.913820149036 —
– —
456.9 – 1773057600

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