The combination Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 437 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 445.4 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 450.8 |
| 2nd High | 446.4 |
| Next High | 445.4 |
| Current Price | 443.300000000 |
| Next Low | 437 |
| 2nd Low | 433.9 |
| 3rd Low | 427.5 |
445.4 – 446.4 – 450.8 – 437 – 441 – 442.4 —
445.000000000 – 444.100000000 —
48.317995365435 – 47.88175608738 —
– —
445.4 – 1777928400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –