The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 573.5 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 551.5 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 573.5 |
| Current Price | 574.700000000 |
| Next Low | 551.5 |
| 2nd Low | 493.8 |
| 3rd Low | 423 |
570.6 – 573.5 – 570 – 551.5 – 493.8 – 504.5 —
560.300000000 – 580.200000000 —
50.723383515073 – 60.909093144774 —
– —
570.6 – 1771246800