The currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 209.8 is considered certain.
Caution: A possible trend reversal in the direction of support at 198.5 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
And also a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.3 |
| 2nd High | 211 |
| Next High | 209.8 |
| Current Price | 204.100000000 |
| Next Low | 198.5 |
| 2nd Low | 191.7 |
| 3rd Low |
209.8 – 202.7 – 202.5 – 198.5 – 191.7 – 193.3 —
205.200000000 – 203.000000000 —
56.41988062056 – 44.487182610172 —
– —
209.8 – 1781217000
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –