BCH/USDT – 30M – SELL

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

A bearish movement down to the next support level at 191.400000000 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 205.3 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

196.2 – 193.9 – 197.2 – 191.400000000 – 184.9 – 182.4 —
194.400000000 – 201.900000000 —
47.438694395735 – 67.289020704825 —
191.400000000 – 1782478800 —
196.2 – 1782457200

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