BCH/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 439.6 will continue.

Caution: A possible change in the direction of the resistance line at 468.4 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

468.4 – 452.7 – 491.1 – 444.7 – 441.1 – 439.6 —
447.500000000 – 449.800000000 —
37.365361837608 – 48.245392866522 —
– —
468.4 – 1772317800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –