BCH/USDT – 4H – BUY

The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 475.6 will continue.

Caution: A possible counter-trend in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

475.6 – 456.9 – 476.8 – 440.4 – 442.2 – 432.2 —
464.400000000 – 464.600000000 —
55.398409736428 – 51.484993640763 —
– —
475.6 – 1773360000

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Up – – –