The pair Bitcoin Cash/Tether (BCH/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 475.6 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 520.3 |
| 2nd High | 476.8 |
| Next High | 475.6 |
| Current Price | 461.700000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
475.6 – 456.9 – 476.8 – 440.4 – 442.2 – 432.2 —
463.100000000 – 469.700000000 —
52.472320685727 – 62.227791846995 —
– —
475.6 – 1773360000