BCH/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 459.8 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 470.7 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. this 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).

470.7 – 469.7 – 468.8 – 459.8 – 454.3 – 453.2 —
468.600000000 – 474.200000000 —
52.513643163212 – 68.589944859075 —
– —
470.7 – 1773613800

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