The pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at will continue.
Caution: A possible counter-trend in the direction of resistance at 464.3 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 476.8 |
| 2nd High | 467.8 |
| Next High | 464.3 |
| Current Price | 459.300000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
464.3 – 467.8 – 476.8 – 454.3 – 456.4 – 456.6 —
461.500000000 – 459.900000000 —
48.818932704192 – 49.603437061704 —
– —
464.3 – 1772751600