BCH/USDT – 30M – BUY

The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance line at 452.4 is certain.

Caution: A possible change in the direction of support at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Inverted Hammer’ candlestick chart pattern is discovered. The chart shows ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).

452.4 – 452.2 – 453.1 – 446.6 – 442.2 – 454.3 —
451.000000000 – 451.000000000 —
48.95901343118 – 52.506983780999 —
– —
452.4 – 1772872200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Inverted Hammer – – –