BCH/USDT – 30M – SELL

The pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support at is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 565 could occur.
Consider stop-loss settings accordingly.

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

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

565 – 570.2 – 570.8 – 550.6 – 551.2 – 556.2 —
558.200000000 – 564.900000000 —
48.191784356935 – 58.932972148788 —
– —
565 – 1771435800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –