BCH/USDT – 30M – BUY

The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance level at 494.8 is expected.

Caution: A possible change in the direction of the support zone at 470.8 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

494.8 – 546.6 – 586.2 – 470.8 – 487.3 – 536.4 —
483.900000000 – 486.800000000 —
50.448838006497 – 54.156531281177 —
– —
494.8 – 1771957800

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –