The pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 445.5 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 453.8 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 448.65 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 453.8 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 464.3 |
| 2nd High | 456.9 |
| Next High | 453.8 |
| Current Price | 448.900000000 |
| Next Low | 445.5 |
| 2nd Low | 440.4 |
| 3rd Low | 439 |
453.8 – 456.9 – 454.4 – 445.5 – 446.2 – 440.4 —
448.800000000 – 450.600000000 —
42.060306482954 – 55.138394807824 —
– —
453.8 – 1773084600