BCH/USDT – 1H – SELL

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 193.15 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 197.2 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

197.2 – 196.6 – 205.3 – 184.9 – 182.4 – 181 —
195.900000000 – 203.000000000 —
54.276394454616 – 64.314899454885 —
– —
197.2 – 1782374400

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