The combination Bitcoin Cash/Tether (BCH/USDT) goes from the bearish trendline up.
A bullish movement upwards to the next resistance line at 518.2 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 493.800000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 510.9 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 518.2 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 528 |
| 2nd High | 524.4 |
| Next High | 518.2 |
| Current Price | 506.900000000 |
| Next Low | 493.800000000 |
| 2nd Low | |
| 3rd Low |
518.2 – 524.4 – 523.2 – 493.800000000 – 504.5 – 507.6 —
500.800000000 – 500.800000000 —
37.910484820486 – 39.715055482395 —
493.800000000 – 1770921000 —
518.2 – 1770904800