BCH/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The currency pair Bitcoin Cash/Tether (BCH/USDT) jumps from the ascending trendline downwards

A bearish descent down to the next support level at 214.7 will continue.

Caution: A possible trend reversal in the direction of resistance at 223 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

223 – 218.6 – 218.9 – 214.7 – 213.1 – 208.3 —
223.000000000 – 221.400000000 —
65.544952086659 – 61.322442446428 —
– —
223 – 1783013400

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –