BCH/USDT – 1H – BUYThe pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 454.4 will persist.
Caution: A possible counter-trend in the direction of the support level at 440.4 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 454.1 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 454.4 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 467.8 |
| 2nd High | 455.4 |
| Next High | 454.4 |
| Current Price | 450.200000000 |
| Next Low | 440.4 |
| 2nd Low | 432.2 |
| 3rd Low | 423 |
454.4 – 455.4 – 454.1 – 440.4 – 445.7 – 446.6 —
447.600000000 – 455.400000000 —
49.262405364691 – 49.255032633037 —
– —
454.4 – 1773025200