The combination Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 449.8 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 440.4 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 464.3 |
| 2nd High | 455.4 |
| Next High | 449.8 |
| Current Price | 450.800000000 |
| Next Low | 440.4 |
| 2nd Low | 439 |
| 3rd Low | 432.2 |
449.8 – 455.4 – 454.1 – 440.4 – 445.7 – 445.7 —
447.100000000 – 445.700000000 —
44.685105692151 – 43.317682727127 —
– —
449.8 – 1773001800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –