The pair Bitcoin Cash/Tether (BCH/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 214.3 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 196.700000000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 252.1 |
| 2nd High | 234.6 |
| Next High | 214.3 |
| Current Price | 211.800000000 |
| Next Low | 196.700000000 |
| 2nd Low | 191.7 |
| 3rd Low |
209.7 – 209.1 – 209.8 – 196.700000000 – 200.9 – 201.6 —
201.400000000 – 211.300000000 —
27.609177242942 – 62.473234898346 —
196.700000000 – 1781460000 —
209.7 – 1781359200