BCH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 485.9 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 520.3 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Matching Low’ candle chart pattern is detected. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

520.3 – 506.4 – 494.8 – 485.9 – 470.8 – 487.3 —
518.000000000 – 516.500000000 —
69.619312692152 – 65.978957018021 —
– —
520.3 – 1772029800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Matching Low – – –