BCH/USDT – 30M – BUYThe pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 538 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 511.2 could occur.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 542.8 |
| 2nd High | 540.8 |
| Next High | 538 |
| Current Price | 525.200000000 |
| Next Low | 511.2 |
| 2nd Low | 423 |
| 3rd Low |
538 – 536 – 540.8 – 511.2 – 521.8 – 523.2 —
534.700000000 – 529.000000000 —
59.299048947676 – 38.192842435797 —
– —
538 – 1770667200