BCH/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The combination Bitcoin Cash/Tether (BCH/USDT) goes from the bullish trendline downwards

A descent downwards to the next support at 423.2 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 427.6 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

427.6 – 425.7 – 426.4 – 423.2 – 419.5 – 421.6 —
428.100000000 – 427.200000000 —
64.042883998106 – 55.762423836041 —
– —
427.6 – 1776060000

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