BCH/USDT – 4H – BUYThe combination Bitcoin Cash/Tether (BCH/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 456.9 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Three Outside Up’ chart pattern is discovered. 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 | 520.3 |
| 2nd High | 476.8 |
| Next High | 456.9 |
| Current Price | 457.800000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
456.9 – 476.8 – 520.3 – 440.4 – 442.2 – 432.2 —
449.500000000 – 450.500000000 —
44.906861812465 – 48.396825441289 —
– —
456.9 – 1773057600
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –