BCH/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 453.7496 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 474.4 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bearish Harami’ candlestick chart pattern is found. The candles show ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

474.4 – 475.6 – 461.5 – 453.2 – 452.4 – 451.6 —
464.000000000 – 461.100000000 —
43.579704509741 – 36.619027402401 —
– —
474.4 – 1773410400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bearish Harami – Rising Wedge Chart Pattern – –