BCH/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance at 455.4 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 445.7 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. this 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

455.4 – 454.1 – 467.8 – 445.7 – 446.6 – 442.2 —
450.000000000 – 448.600000000 —
49.217698262584 – 47.281165492594 —
– —
455.4 – 1772964000

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Northern Doji – – –