BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the bullish trendline down.

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

Caution: A possible counter-trend in the direction of the resistance level at 489.3 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern 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%.

489.3 – 464.5 – 461.7 – 453.7 – 443 – 437 —
473.100000000 – 471.700000000 —
58.158467078079 – 53.153238978759 —
– —
489.3 – 1778041800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –