BCH/USDT – 1H – SELL

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

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

Caution: A possible change in the direction of the resistance zone at 467.8 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which 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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

467.8 – 476.8 – 468.4 – 454.3 – 432.2 – 433.8 —
461.000000000 – 461.800000000 —
50.600369746988 – 49.276034782895 —
– —
467.8 – 1772704800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Down – – –