BCH/USDT – 1H – SELL

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 448.65 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 452.8 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Bearish Engulfing’ chart pattern is found. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

452.8 – 454.3 – 456.9 – 442.6 – 440.4 – 445.7 —
446.700000000 – 452.200000000 —
46.397754294831 – 52.742033922501 —
– —
452.8 – 1773158400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bearish Engulfing – – –