BCH/USDT – 30M – SELL

The currency pair Bitcoin Cash/Tether (BCH/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support line at 444 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 452.8 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

452.8 – 452 – 454.3 – 444 – 442.6 – 442.7 —
448.500000000 – 451.500000000 —
53.939806116026 – 63.592013304614 —
– —
452.8 – 1773158400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Two Crows – – –