BCH/USDT – 30M – BUYThe pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 464.3 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 439 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 457.9 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 464.3 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 476.8 |
| 2nd High | 467.8 |
| Next High | 464.3 |
| Current Price | 450.300000000 |
| Next Low | 439 |
| 2nd Low | 432.2 |
| 3rd Low | 423 |
464.3 – 467.8 – 476.8 – 454.3 – 456.4 – 456.6 —
447.700000000 – 452.600000000 —
24.765560493358 – 36.025422604792 —
– —
464.3 – 1772751600