The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 452.8 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 442.6 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 456.9 |
| 2nd High | 454.3 |
| Next High | 452.8 |
| Current Price | 457.100000000 |
| Next Low | 442.6 |
| 2nd Low | 440.4 |
| 3rd Low | 432.2 |
452.8 – 454.3 – 456.9 – 442.6 – 440.4 – 445.7 —
452.400000000 – 457.900000000 —
52.008516047589 – 62.6102584923 —
– —
452.8 – 1773158400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –