The combination Bitcoin Cash/Tether (BCH/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 210.4 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 196 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 218.2 |
| 2nd High | 215.4 |
| Next High | 210.4 |
| Current Price | 207.100000000 |
| Next Low | 196 |
| 2nd Low | 194.3 |
| 3rd Low | 193.8 |
210.4 – 202.6 – 202.1 – 196 – 194.3 – 198.3 —
206.000000000 – 206.200000000 —
55.996176992091 – 56.157472397593 —
– —
210.4 – 1782876600