BCH/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support at 181 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 203 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

203 – 205.3 – 231.1 – 181 – 192.8 – 196.7 —
194.300000000 – 203.000000000 —
46.187671443808 – 63.110808551998 —
– —
203 – 1782489600

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Two Crows – – –