BCH/USDT – 1H – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible change in the direction of the resistance zone at 209.7 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles form ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. 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).

209.7 – 209.1 – 209.8 – 200.9 – 201.6 – 198.5 —
207.800000000 – 209.100000000 —
57.767963580809 – 60.154198567147 —
– —
209.7 – 1781359200

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