BCH/USDT – 1H – BUYThe pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 570.7 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 540.8 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 581.5 |
| 2nd High | 570.8 |
| Next High | 570.7 |
| Current Price | 565.700000000 |
| Next Low | 540.8 |
| 2nd Low | 538.7 |
| 3rd Low | 493.8 |
570.7 – 564.5 – 564.9 – 540.8 – 538.7 – 550.6 —
570.700000000 – 566.700000000 —
60.687467391398 – 49.066540552157 —
– —
570.7 – 1771603200
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – – Double top retreat up – –