Sell BCH/USDT – 30M – SELL

The pair Bitcoin Cash/Tether (BCH/USDT) jumps from the bullish trendline downwards

A bearish movement downwards to the next support level at 453.7 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 464.5 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 477.9
2nd High 474
Next High 464.5
Current Price 474.400000000
Next Low 453.7
2nd Low 443
3rd Low 437

464.5 – 461.7 – 445.4 – 453.7 – 443 – 437 —
462.400000000 – 478.200000000 —
61.373582791451 – 64.901521534646 —
– —
464.5 – 1778022000

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