The currency pair Bitcoin Cash/Tether (BCH/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 224.1 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 238.2 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 242.3 |
| 2nd High | 238.3 |
| Next High | 238.2 |
| Current Price | 227.200000000 |
| Next Low | 224.1 |
| 2nd Low | 214.7 |
| 3rd Low | 213.1 |
238.2 – 238.3 – 242.3 – 231.3 – 231.2 – 234.9 —
233.500000000 – 229.500000000 —
32.814299869481 – 37.295695188165 —
– —
238.2 – 1784120400