BCH/USDT – 30M – BUYThe currency pair Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 215.4 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 192.9 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 208.35 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 215.4 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 223.9 |
| 2nd High | 218.2 |
| Next High | 215.4 |
| Current Price | 199.700000000 |
| Next Low | 192.9 |
| 2nd Low | 192.8 |
| 3rd Low | 191.7 |
199 – 215.4 – 218.2 – 192.9 – 192.8 – 206.1 —
198.300000000 – 199.300000000 —
49.608816348964 – 61.823636293641 —
– —
199 – 1781875800