BCH/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 536.4 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 586.2 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

586.2 – 577 – 570.7 – 536.4 – 559 – 540.8 —
542.000000000 – 541.000000000 —
28.275243062638 – 33.760975638852 —
– —
586.2 – 1771743600

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