Sell BCH/USDT – 30M – SELL

There is also a ‘Double top chart pattern’ chart layout is discovered. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Bitcoin Cash/Tether (BCH/USDT) moves from the bullish trendline downwards

A descent downwards to the next support at 511.8 is expected.

Caution: A possible counter-trend in the direction of resistance at 528 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a indicator signal is detected. The indicator is ”. this is usually a bearish signal. The pair is likely to go down.

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There is also a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 538
2nd High 532.2
Next High 528
Current Price 510.300000000
Next Low 511.8
2nd Low 511.2
3rd Low 423

528 – 532.2 – 538 – 511.8 – 518.2 – 511.2 —
518.900000000 – 516.800000000 —
39.1287423164 – 33.036480620546 —
– —
528 – 1770771600

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