The currency pair Bitcoin Cash/Tether (BCH/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 475.6 is considered certain.
Caution: A possible change in the direction of the support level at 452.4 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three Line Strike – Bullish’ chart pattern is detected. The candles form ‘Three Line Strike – Bullish’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 491.1 |
| 2nd High | 476.8 |
| Next High | 475.6 |
| Current Price | 460.400000000 |
| Next Low | 452.4 |
| 2nd Low | 451.6 |
| 3rd Low | 442.6 |
475.6 – 461.5 – 461.2 – 452.4 – 451.6 – 442.6 —
460.600000000 – 458.700000000 —
39.361140412639 – 38.470755405592 —
– —
475.6 – 1773360000
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Line Strike – Bullish – Symmetrical Triangle Chart Pattern – –