BCH/USDT – 30M – BUYThe pair Bitcoin Cash/Tether (BCH/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 454.1 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 445.7 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 467.8 |
| 2nd High | 464.3 |
| Next High | 454.1 |
| Current Price | 449.100000000 |
| Next Low | 445.7 |
| 2nd Low | 442.2 |
| 3rd Low | 439 |
454.1 – 452.6 – 452.4 – 445.7 – 446.6 – 442.2 —
449.600000000 – 448.800000000 —
46.277087036788 – 45.494202620294 —
– —
454.1 – 1772915400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Bullish Belt Hold – – –