BCH/USDT – 30M – BUY

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 439.9532 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 446.4 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

446.4 – 450.8 – 447.5 – 437 – 441 – 442.4 —
444.400000000 – 444.500000000 —
48.848493059124 – 49.701003854654 —
– —
446.4 – 1777905000

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